Grayscale Investments has reached an settlement with New York-based funding agency Fir Tree Capital Administration over its belief.
In line with a July 11 announcement from Fir Tree, Grayscale agreed to supply extra paperwork associated to its Bitcoin Belief (GBTC) after Fir Tree filed a grievance in December 2022. The grievance in opposition to Grayscale aimed toward guaranteeing that the asset supervisor halt plans to show his GBTC belief right into a money exchange-traded fund (ETF) and supply documentation of his relationship with Digital Foreign money Group, Grayscale’s father or mother firm.
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