Grayscale:
Cryptocurrency valuations retreated in February 2025, in sync with rising macro risks and falling tech stock prices. A hack of a major cryptocurrency exchange and a drop in meme coin trading activity may have also weighed on the market.

Cryptocurrency valuations retreated in February 2025, in sync with rising macro risks and falling tech stock prices. A hack of a major cryptocurrency exchange and a drop in meme coin trading activity may have also weighed on the market.
MicroStrategy has spent a total of more than $16.5 billion on buying Bitcoin, and the $16.5 billion comes mainly from two sources.
Although Ethereum has underperformed Bitcoin so far this year, it still outperforms the smart contract platform crypto industry index.
Grayscale Research believes that Polymarket has the potential to become a “source of truth” by leveraging the transparency and record-keeping of blockchain technology, market incentives, and the collective wisdom of users.
Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
GBTC is different from other Bitcoin ETFs because it existed as a Bitcoin investment fund before it became an ETF.
Grayscale Research’s analysis shows that traditional balanced portfolios can achieve higher risk-adjusted returns with a modest allocation to cryptocurrencies (approximately 5% of total financial assets).
Part Three: 3AC, Grayscale, Genesis, and DCG
While there are still no details on a possible rescue of Genesis Trading, there is at least apparently some positive news regarding Grayscale Bitcoin Trust (GBTC).
If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.