Why the World’s Biggest Bitcoin Fund Is Bleeding Assets

For years, the Grayscale Bitcoin Trust was one of the few ways to invest in bitcoin without buying the cryptocurrency itself. But in recent months, more than a dozen competing funds have popped up. Now the trust, which is still the world’s largest bitcoin fund, is bleeding. WSJ reporter Vicky Ge Huang tells host Alex Ossola how Grayscale is fighting to compete. Plus, Meta has released its latest AI model. WSJ social media business reporter Salvador Rodriguez talks about what’s new, and how it might change the user experience on the company’s platforms.

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For years, the Grayscale Bitcoin Trust was one of the few ways to invest in bitcoin without buying the cryptocurrency itself. But in recent months, more than a dozen competing funds have popped up. Now the trust, which is still the world’s largest bitcoin fund, is bleeding. WSJ reporter Vicky Ge Huang tells host Alex Ossola how Grayscale is fighting to compete. Plus, Meta has released its latest AI model. WSJ social media business reporter Salvador Rodriguez talks about what’s new, and how it might change the user experience on the company’s platforms.

Listening on Google Podcasts? Here's our guide for switching to a different podcast player.

Learn more about your ad choices. Visit megaphone.fm/adchoices