Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to become a spot exchange-traded fund (ETF). It also holds $165 million in Grayscale Ethereum Trust and $38 million in Grayscale Ethereum Classic Trust, the filing shows.

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• Source: https://www.coindesk.com/business/2024/02/05/genesis-seeks-approval-to-sell-16b-in-bitcoin-ether-trust-holdings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines