๐คช Hold onto your hats, folks! Arkham Intelligence just spilled the beans on Grayscale Bitcoin Trust's wallet addresses. You know, the ones they never share for security reasons? Yeah, those. Turns out, Grayscale has over 1,750 unique addresses, each holding around 1,000 BTC. Talk about a treasure trove! ๐ฆ๐ฐ
But wait, there's more! Grayscale isn't just a one-trick pony. They've got a diverse portfolio, including Ethereum, Chainlink, MATIC, and Uniswap, among others. ๐๐ฆ
Now, let's get serious for a moment. Grayscale is currently duking it out in court, trying to convert its Bitcoin Trust into an ETF. They argue that the SEC has no valid reason to treat them differently from other ETPs investing in Bitcoin futures. ๐ฅโ๏ธ
The SEC is feeling the heat, with critics accusing Chair Gary Gensler of building a biased regulatory framework. ๐ฅ๐จโโ๏ธ
Despite all the drama, Grayscale's discount has narrowed from a whopping 50% in late 2022 to a more reasonable 20% today. So, while the market may be a rollercoaster, Grayscale remains a major player in the Bitcoin game. ๐ข๐