ChainCatcher message, according to Arkham monitoring data, about two hours ago, 8,851 AVAX flowed from an unknown address starting with 0xC7E into the Grayscale Avalanche Trust fund. Additionally, during the same time, 1,396 AAVE also flowed from that address into the Grayscale Aave Trust fund.

ChainCatcher message, according to Arkham monitoring data, about four hours ago, 6,769 AVAX flowed from an address starting with 0xC7E into the Grayscale Avalanche Trust.Historical transaction data shows that this address has transferred a total of approximately 26,291 AVAX to the Grayscale Avalanche Trust in the past two months.

ChainCatcher message, according to Arkham monitoring, 4,750 LINK has been transferred from an unmarked address to the Grayscale Chainlink Trust fund.

ChainCatcher message, according to Arkham monitoring, approximately 2,740.03 AAVE has flowed into the Grayscale Aave Trust fund in the past 7 days (including a flow of 169.942 AAVE that came in 14 hours ago), amounting to about 400,000 USD.

ChainCatcher news, according to market news, Grayscale plans to launch the AAVE trust fund Grayscale Aave Trust. Grayscale's product and research director Rayhaneh Sharif-Askary stated that this product provides investors access to a protocol that has the potential to change traditional finance.

ChainCatcher news, according to official data, as of September 13, the Grayscale Sui Trust has surpassed $1 million in assets under management, currently at $1,018,249.74, with a net asset value per share reported at $15.4.

ChainCatcher news, according to Formula News, Grayscale will launch the first U.S. XRP trust fund, paving the way for a potential future XRP ETF.It is reported that this is a so-called "closed-end" fund designed to provide qualified investors with direct investment opportunities in XRP.

ChainCatcher news, according to the official update from Grayscale regarding its TAO Trust Fund Grayscale Bittensor Trust, as of this Friday, August 23, the assets under management of Grayscale Bittensor Trust have exceeded 2 million dollars, with a net asset value per share of 7 dollars.

ChainCatcher news, according to The Block, Grayscale has announced the launch of the AVAX Trust, Grayscale Avalanche Trust, aimed at providing qualified investors with investment opportunities in the cryptocurrency AVAX.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) approved Grayscale's Form 19b-4 for its Bitcoin mini trust fund on Friday. The trust fund can begin trading once the S-1 registration statement becomes effective. This mini trust fund is a scaled-down version of the Grayscale Bitcoin Trust (GBTC), and the new mini trust fund shares will be distributed to GBTC shareholders.According to a Grayscale spokesperson, the company is waiting for the registration statement to become effective, and the approval will allow the mini trust fund to operate as a U.S. spot Bitcoin exchange-traded product (ETP).

ChainCatcher news, Grayscale stated in its application document for the Grayscale Ethereum Trust that the "expected NYSE Arca listing date" is "subject to regulatory approval and the satisfaction of customary conditions, ETHE shares are expected to begin trading on NYSE Arca on July 23, 2024."

ChainCatcher news, according to Bloomberg ETF analyst James Seyffart's disclosure on the X platform, the date for Grayscale's GBTC split into the mini trust fund BTC is set for July 31.

ChainCatcher news, according to on-chain analyst Ai Yi's monitoring, two hours ago Grayscale allegedly entrusted Flow Traders to sell 5,812 ETH (worth 21.75 million USD), possibly for the Ethereum Trust Fund management fee. Grayscale charges an annual management fee of 2.5% for ETHE, which, based on the current holding of 2.97 million ETH, generates an annual yield of 74,000 ETH (approximately 280 million USD).From July 2023 to now, Grayscale has transferred 34,270 ETH to Flow Traders, worth 8.822 million USD.

ChainCatcher news, according to DL News, Grayscale Investments CEO Michael Sonnenshein stated at an event in London hosted by the Financial Times on Wednesday that the company will focus on converting its Ethereum trust fund into a spot ETF product.Sonnenshein said: "Asset management companies are withdrawing applications because many futures products are already available for investors. Sometimes we apply for products, but that doesn't necessarily mean they will enter the market."

ChainCatcher news, the dYdX Foundation stated on platform X that the dYdX community has voted to support the transformation of the dYdX operational trust fund into a Cayman Islands foundation company, with a final support rate of 93.1%.Next steps: 1. Establish the dYdX Operational Foundation (DOF) in the Cayman Islands as a foundation company and appoint key personnel; 2. Draft the memorandum and articles of association for the DOF and grant effective control to the dYdX community through dYdX consensus; 3. End the trust period, thereby terminating the DOT; 4. The trustee needs to execute the relevant transfer operations, including multi-signature, domain names, accounts, contracts, etc.

ChainCatcher news, Grayscale Investments has jointly applied with NYSE Arca to convert Grayscale's Ethereum Trust into an Ethereum spot exchange-traded fund (ETF).

ChainCatcher news, Ray Youssef, who stepped down as CEO of Paxful on April 18, stated that he and the co-founder have reached an impasse regarding the company's direction, and both parties have agreed to appoint Srinivas Raju from the law firm Richards, Layton & Finger (appointed by court order) as the custodian of Paxful throughout the process. As the custodian, Srini has full power and control over the company and its operations and management. In the coming month, Srini will attempt to help stabilize Paxful while preparing to propose to the court how the business should proceed. Srini is considering all possible suggestions for the future of Paxful.Ray Youssef stated that although he has resigned as CEO, his top priority will still be to resolve the issue of frozen user funds and the reliability of the Paxful wallet. Through his efforts, 88% of the frozen accounts have been unfrozen. Paxful still has just under $450 in frozen funds, accounting for about 3.3% of all customer funds that cannot be withdrawn.Youssef had previously proposed an agreement to another co-founder, asking him to buy all of Youssef's shares in Paxful for 1 satoshi, provided he performed the necessary compliance work to unfreeze the remaining accounts, but the latter rejected the proposal.Now Ray Youssef has proposed a new plan to address the issue without the approval of the other co-founder. Ray Youssef will place 99.9% of his personal shares in Paxful (which accounts for over 45% of the company) into a public trust fund. The funds generated from Ray Youssef's shares will be used to ensure that every Paxful user's funds are intact. Any remaining funds will be directly provided to the Built With Bitcoin Foundation to build schools.Additionally, Ray Youssef's goal is for Paxful Wallet to remain operational for at least two years, allowing Paxful to withdraw all frozen funds from the platform and giving users time to retrieve them. "Through my public trust, I will still retain my board voting rights and will continue to hold Paxful accountable to the best interests of users." (source link)

According to ChainCatcher news and Coinglass data, the current total holdings of Grayscale amount to $14.602 billion, with the premium rates of mainstream coin trusts as follows: BTC, -45.17%; ETH, -59.3%; ETC, -76.69%; LTC, -65.23%; BCH, -56.98%. (source link)