News Explorer — Grayscale Launches Crypto Fund for MakerDAO's MKR

Generated by AI, curated by humans

Aug 13, 1:00 pm

Coindesk

Grayscale Launches Crypto Fund for MakerDAO's MKR

The Grayscale MakerDAO Trust, a closed-end fund, is now available to eligible individual and institutional accredited investors. This structure means that direct withdrawals are not possible, which could result in price deviations between the fund's share and the underlying asset. Maker is a leading decentralized finance protocol with over $7 billion in assets, including U.S. Treasuries and the third largest stablecoin, DAI.

The Grayscale MakerDAO Trust, a closed-end fund, is now available to eligible individual and institutional accredited investors. This structure means that direct withdrawals are not possible, which could result in price deviations between the fund's share and the underlying asset. Maker is a leading decentralized finance protocol with over $7 billion in assets, including U.S. Treasuries and the third largest stablecoin, DAI.

Latest

Feb 14, 8:05 pm

Decrypt

Crypto Giant Tether Is Now a Minority Owner of Soccer Team Juventus

Tether Investments, the investment arm of stablecoin issuer Tether, has acquired a minority stake in Italian Serie A soc... Read Summary

Feb 14, 7:33 pm

Decrypt

Donald Trump's Solana Meme Coin Surges to Two-Week High

Trump's official Solana meme coin has surged 40% in the last 24 hours, reaching a price close to its February peak. The... Read Summary

Feb 14, 6:09 pm

Decrypt

Ethereum Developers Are Split Over Future Upgrades

Ethereum's core developers are divided over implementing the EVM Object Format (EOF) in the network's technical architec... Read Summary

Feb 14, 4:03 pm

Coindesk

Bybit Crypto Exchange Removed From France's Blacklist

Bybit, the second largest global exchange by volume, has been removed from France's regulatory blacklist after more than... Read Summary

Feb 14, 3:01 pm

Decrypt

Coinbase Sponsors Aston Martin Aramco F1 Team in Deal Paid With USDC

Coinbase and Aston Martin Aramco have formed a partnership, with Coinbase becoming the official partner of the UK-based... Read Summary

Feb 14, 12:33 pm

Decrypt

Barclays Holds $131 Million Worth of BlackRock's Bitcoin ETF

Barclays disclosed a new position in the iShares Bitcoin Trust (IBIT) in its recent 13F filing with the SEC, holding 2,4... Read Summary

Feb 14, 6:19 am

Decrypt

Binance and SEC Granted 60-day Pause in Ongoing Legal Case

A 60-day pause has been granted in the legal battle between Binance and the SEC to assess new regulatory developments. T... Read Summary

Feb 14, 4:50 am

Decrypt

Two Estonians Plead Guilty to $577 Million Crypto Ponzi Scheme, Face up to 20 Years in Prison

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to running a $577 million crypto Ponzi scheme... Read Summary

Feb 14, 3:06 am

Decrypt

SEC Acknowledges Grayscale’s Dogecoin ETF Proposal, Awaits Federal Register Publication

A 19b-4 filing was submitted by NYSE Arca to list shares of the Grayscale Dogecoin Trust as an exchange-traded product t... Read Summary

Feb 14, 1:14 am

Decrypt

SEC Acknowledges Grayscale's XRP Trust Proposal

The SEC has acknowledged NYSE Arca's proposal to list shares of the Grayscale XRP Trust, outlining a framework to addres... Read Summary

Feb 13, 11:51 pm

Decrypt

Collector Finds $100K Bitcoin Inside $50 Redemption Card

A trading card collector discovered a Bitcoin redemption card worth over $100,000 in a $50 pack of cards from Cardsmiths... Read Summary

Feb 13, 10:30 pm

Decrypt

GameStop Considering Buying Bitcoin and Other Crypto Assets: Report

GameStop's stock price surged after reports of potential interest in Bitcoin, reaching nearly $31 after hours. The compa... Read Summary

Feb 13, 9:08 pm

Decrypt

What Trump's US Bitcoin Mining Mandate Could Mean for the Environment

The return of President Donald Trump for a second term has sparked optimism in the crypto industry, propelling Bitcoin t... Read Summary

Feb 13, 7:49 pm

Decrypt

BNB Chain and Solana Meme Coin Traders Go Wild Over Binance Founder's Dog

CZ's dog, named Broccoli, sparked chaos in the meme coin world, with tokens like CLEO and BROWNIE hitting multi-million... Read Summary

Feb 13, 7:15 pm

Decrypt

Incoming US Stablecoin Rules Could Force Tether to Sell Bitcoin: JP Morgan

JP Morgan's report suggests that Tether may need to sell Bitcoin to adhere to potential U.S. regulations on stablecoin i... Read Summary