Bloomberg: Hedge Fund Fir Tree Sues Grayscale for GBTC Details

ChainCatcher news, according to a report by Bloomberg citing documents from a court in Delaware, the hedge fund Fir Tree is suing Grayscale for details regarding its flagship product, the Grayscale Bitcoin Trust (GBTC). Fir Tree hopes that Grayscale will reduce fees and restore redemptions to address the issue of its trading at a discount. It is reported that the current discount on GBTC has reached as high as 43%. (Bloomberg)