Rabu, 02 April 2025

GoMining’s $100M play; Grayscale’s ETF push


GoMining launches $100M mining fund as Grayscale pushes for ETF status on $600M crypto fund.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your Daily Digest of the 🔥Hottest News in Crypto

Presented by:

Today's top stories:

👉 GoMining's $100M Play

👀 Grayscale moves to convert crypto fund

😱 OPINION: Bitcoin's quantum crisis incoming

📰 Keep reading for today's biggest headlines & stories

GoMining Rolls Out $100M Bitcoin Mining Fund for Institutions

GoMining is going big. The company behind BTC mining-as-a-service is launching a $100 million fund aimed at institutional players.

This one's separate from its retail offerings and comes with all the bells: Bitgo custody, 2% management fee, and annual yield distributions from mining rewards.

TL;DR: Institutions want Bitcoin exposure. GoMining's making sure they can mine it—without getting their hands dirty.

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Web3 Gamer: GUN Token Launches with a $69M Bang (Nice)

After five months of hype, the most chaotic Web3 game of 2024 finally dropped its token. The third-person battle royale shooter Off The Grid launched its native token, GUNZ (aka GUN), on Binance March 31, right alongside its shiny new Avalanche-based mainnet.

GUN hit a $69 million market cap before pulling back to a modest $44M-ish. Still, it's a major milestone for Web3 gaming and purpose-built Avalanche L1s, according to Avalanche.

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Grayscale Eyes ETF Status for Its $600M Crypto Fund

Grayscale's back in ETF land, this time filing an S-3 form to convert its Digital Large Cap Fund into a proper exchange-traded fund.

The fund—which already holds a curated basket of Bitcoin, Ether, Solana, Cardano, and XRP—currently boasts $600M AUM and is only available to the accredited elite.

The goal now is to bring it to exchanges, so retail investors can access it without needing to be ultra-wealthy.

Senator Tuberville Reboots Crypto Retirement Bill to Boost Trump Agenda

Senator Tommy Tuberville is dusting off his Financial Freedom Act for another run through Congress. The bill would let Americans stuff crypto into their retirement accounts—something he says aligns perfectly with Trump's "crypto president" legacy.

It's been DOA twice already, but Tuberville's banking on the current political wave (and maybe some MAGA momentum) to push it through this time.

Crypto in your 401(k)? We're one signature away from making that a thing. Again.

OPINION

Bitcoin's Quantum Crisis Is Coming—And So Is a Hard Fork

We don't talk about it enough, but quantum computing could absolutely wreck Bitcoin's current security model. Like, break-it-wide-open kind of wreck.

A quantum-resistant hard fork isn't just likely—it's inevitable. But there's a twist: even if we patch up the crypto armor, we still have to deal with broken full node incentives before the network tilts toward centralization.