FTX, a bankrupt crypto exchange, is seeking court approval to sell $744 million worth of Grayscale and Bitwise assets through an investment adviser. The sale is part of FTX's efforts to raise cash to pay off its creditors and customers. If approved, this would be a significant step in FTX's bankruptcy proceedings and a sign of the continued turmoil in the crypto industry. The assets are held in trusts by Grayscale and Bitwise, which track the price of Bitcoin and other cryptocurrencies. The sale would be a liquidity event for Grayscale and Bitwise and a sign of the continued demand for cryptocurrency from institutional investors.
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Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
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LINK
$8.34
▲ +0.50%
XLM
$0.16543
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DAI
$0.999866
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BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.16543
▲ +3.20%
DAI
$0.999866
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,062.00
▲ +0.20%
ETH
$1,922.53
▲ +0.20%
USDT
$0.999386
▲ +0.00%
BNB
$605.07
▲ +2.20%
USDC
$0.999619
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.36
▲ +3.30%
TRX
$0.32868
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$54.89
▼ -1.40%
DOGE
$0.071219
▲ +1.80%
USDS
$0.999891
▲ +0.00%
RAIN
$0.012646
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$505.99
▼ -1.10%
ADA
$0.199878
▼ -0.10%
XMR
$384.45
▲ +4.30%
WBT
$56.26
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.16543
▲ +3.20%
DAI
$0.999866
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999615
▲ +0.00%
USDE
$0.999575
▲ +0.00%
GRAM
$1.36
▲ +1.50%
