Grayscale: The battle for value on smart contract platforms
One way investors value assets in the smart contract platform crypto space is by analyzing their fee-generating ability over time.

One way investors value assets in the smart contract platform crypto space is by analyzing their fee-generating ability over time.
Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
The rise in Bitcoin prices was directly caused by inflows into U.S.-listed spot Bitcoin ETFs, but marginal demand ultimately reflected investor interest in the Bitcoin asset as an alternative “store of value” and decentralized computing network.
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.
Grayscale refused to provide a proof-of-reserve for its Bitcoin citing security risks.
FTX.US CEO talks about SEC's reasons for rejecting spot Bitcoin ETF.