NYSE Arca has withdrawn the application that was pending before the Securities and Exchange Commission seeking approval to list shares of the Bitcoin Investment Trust. Grayscale Investments, LLC, is the sponsor of the Trust that currently trades on OTC Markets (OTCQX:GBTC). Grayscale said that earlier this… Read More
The SEC filed an administrative proceeding today regarding a Cease & Desist instituted against SecondMarket and Bitcoin Investment Trust (BIT). The entire affair relates back to an event in 2013, where BIT, a Delaware trust whose sole assets were bitcoins, began offering shares on the… Read More
“MtGox is gone. So let’s prepare ourselves.” That is the first statement made in an article that ran yesterday in Business Insider entitled “I Have $285,000 Stuck On Mt. Gox.” Mt. Gox was once the de facto Bitcoin exchange, the first stop for those just getting into… Read More
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