Grayscale’s IPO Gambit: Bitcoin’s Big Bet on Wall Street!

Finance

What to know: ๐Ÿง ๐Ÿ“‰

  • Grayscaleโ€™s S-1 filing says the number of shares and price range for the IPO have not yet been determined, and the offering will proceed only after SEC review and market checks. ๐Ÿงฉ
  • The move follows public listings earlier this year by Circle Internet Group (CRCL) and Bullish (BLSH), reflecting a shift of crypto-native companies into U.S. equity markets. ๐Ÿš€
  • Grayscale – operator of GBTC and several crypto ETFs – would be one of the largest digital-asset managers to pursue an IPO, signaling continued institutional interest in the sector. ๐Ÿ’ธ

Grayscale Investments filed an S-1 form to the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock. ๐Ÿ“„

Grayscale noted that the number of shares to be registered and the proposed price range for the offering have not yet been determined. The company stated that the offering is expected to take place following the SECโ€™s review and is subject to market and other conditions. ๐Ÿ“‰

Grayscale, a major cryptocurrency asset-manager known for its conversion of the Grayscale Bitcoin Trust (GBTC) and other crypto investment vehicles into exchange-traded funds (ETFs), moves toward public markets at a time of heightened institutional attention. ๐Ÿง 

The filing comes amid a broader wave of crypto-native firms seeking U.S. public listings, following the successful IPO of stablecoin issuer Circle Internet Group (CRCL) and crypto exchange Bullish (BLSH) earlier this year. ๐Ÿ“ˆ

Bullish is the owner of CoinDesk. ๐Ÿ“ฐ

Read More

2025-11-13 17:30