BitGo and Swan partner to launch a Bitcoin-only trust company

Key takeaways BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company.  According to the press release published on Thursday, the Bitcoin-only trust company will offer custody without exposure to other digital currencies. The trust, which will be launched […]

Why has the Grayscale Bitcoin Trust discount hit an all-time high?

Key Takeaways Grayscale is the largest Bitcoin fund in the world Discount to underlying asset (Bitcoin) has reached record levels, breaching 50% Concern about reserves, higher fees and other hurdles explain the discount, which likely won’t close anytime soon   The discount to net asset value of the Grayscale Bitcoin trust is at all-time highs. […]

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