Express
Barry Silbert and Mark Murphy Resign from Grayscale Board, Grayscale Files Revised S-3 Form to Convert GBTC Into Spot Bitcoin ETF
Summary: Market reports indicate that Barry Silbert, the CEO of Digital Currency Group (DCG), and DCG President Mark Murphy have stepped down from their positions on the Grayscale Investment Board of Directors. Shifke will be filling the role of chairman at Grayscale Investments, succeeding Barry Silbert. In related news, recent filings reveal that Grayscale has submitted an updated ...
Market reports indicate that Barry Silbert, the CEO of Digital Currency Group (DCG), and DCG President Mark Murphy have stepped down from their positions on the Grayscale Investment Board of Directors. Shifke will be filling the role of chairman at Grayscale Investments, succeeding Barry Silbert.
In related news, recent filings reveal that Grayscale has submitted an updated S-3 form, advancing its efforts to transform its GBTC into a spot bitcoin ETF. Bloomberg analyst James Seyffart noted that Grayscale appears to be making concessions, potentially agreeing to the SEC's stipulation for a cash creation/redemption mechanism.
Author: Katie Lin
Tags: Barry Silbert,Bitcoin,creation,DCG,Digital Currency Group,ETF,GBTC,Grayscale Investment,Mark Murphy,redemption,Shifke,spot
Link: Barry Silbert and Mark Murphy Resign from Grayscale Board, Grayscale Files Revised S-3 Form to Convert GBTC Into Spot Bitcoin ETF [Copy]
