Grayscale Resources

11/30/16 Bitcoin Investment Trust: Performance + Market Highlights

November 2016 Highlights
Bitcoin in India
In early November, Indian Prime Minister Narendra Modi announced an initiative to demonetize the country’s 500 and 1,000 rupee notes, a surprise move intended to crack down on nefarious activity and corruption in India.  The resulting exchange into smaller denominated notes or newly-issued notes has created a logistical nightmare …

10/31/16 Bitcoin Investment Trust: Performance + Market Highlights

October 2016 Highlights
Digital Currency Group Investor Summit
In late October, the Grayscale team headed to San Francisco to participate in our parent company, Digital Currency Group’s, second annual Investor Summit.  This year’s event brought together over 300 attendees including both investors and entrepreneurs.  Three full days of round tables, presentations, and meetings highlighted exciting …

9/30/16 Bitcoin Investment Trust: Performance + Market Highlights

September 2016 Highlights
Bank of New York Mellon ETF xchange Conference
In late September, Grayscale’s Director of Business Development, Michael Sonnenshein, anchored a bitcoin and blockchain panel at Bank of New York Mellon’s etfXchange Conference in Dana Point, CA.  The panel was moderated by Justin Newton, CEO & Co-Founder of DCG portfolio company, Netki, and included other …

8/31/16 Bitcoin Investment Trust: Performance + Market Highlights

August 2016 Highlights
Canaccord Genuity Growth Conference
In early August, Grayscale’s Director of Business Development, Michael Sonnenshein, anchored a bitcoin panel at Canaccord Genuity’s Growth Conference in Boston.  The panel also included Jeremy Allaire, CEO of Circle, a Digital Currency Group portfolio company.
In addition to the panel, the Grayscale team conducted two days of one-on-one meetings …

7/29/16 Bitcoin Investment Trust: Performance + Market Highlights

July 2016 Highlights
The Bitcoin Halving
In early July, the Grayscale team (and it’s parent, Digital Currency Group) co-hosted a bitcoin halving party with Barclays and Amazon Web Services at their NYC loft space.  The event drew attendance from various NYC-based bitcoin and blockchain firms as well as representatives from many law firms, insurers, and banks …

6/30/16 Bitcoin Investment Trust: Performance + Market Highlights

June 2016 Highlights
Milestones for the Bitcoin Investment Trust
The Bitcoin Investment Trust reached several new milestones this past month:

Assets Under Management exceeds $100MM
Total Shares Outstanding exceeds 1.7MM
The Trust holds more than 1% of all the bitcoin outstanding

Grayscale’s Raffle at Consensus 2016
At the Consensus 2016 Conference, our team conducted a …

5/31/16 Bitcoin Investment Trust: Performance + Market Highlights

April + May 2016 Highlights
Digital Currency Group (Grayscale’s parent co) Adds New Investors, Board Members & Advisors
At the end of April, Digital Currency Group (DCG) announced some fantastic additions to its ever-expanding digital currency ecosystem.  DCG’s investor base grew to include Western Union, Beijing-based HCM International Company (the investing arm of Foxconn), Gibraltar Ventures (the …

3/31/16 Bitcoin Investment Trust: Performance + Market Highlights

March 2016 Highlights
Barclays + Bitcoin
Barry Silbert and Michael Sonnenshein participated in Barclays’ Emerging Payments Forum for the 3rd straight year.  Barry’s digital currency panel kicked things off on the conference’s second day, joined by representatives from Coinbase and Chain.  …

12/31/15 Bitcoin Investment Trust: Performance + Market Highlights

The Year in Review: 2015 Highlights 2015 was a banner year here at Grayscale Investments. Bitcoin Investment Trust Our assets under management increased 42.45%, as accredited investors continue to purchase restricted shares of the Trust at the daily net asset value (NAV) coupled with the increase in the bitcoin price.  In fact, the Bitcoin Investment Trust’s NAV returned 32.67% in [...]