On Feb. 15, Genesis obtained permission from a New York chapter courtroom to promote the almost 36 million shares in GBTC, in addition to further shares in two Grayscale Ethereum trusts. On the time of the applying, attorneys for the property valued the Grayscale shares at a collective $1.6 billion – almost $1.4 billion in GBTC, $165 million in Grayscale Ethereum Belief, and $38 million in Grayscale Ethereum Basic Belief.
