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Grayscale Bitcoin Enters New Prime Broker Agreement

Story Highlights
  • Grayscale Investments and Coinbase signed a new Prime Broker Agreement on October 3, 2025.
  • The agreement replaces previous operational partnerships to improve Bitcoin asset management.
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Grayscale Bitcoin Enters New Prime Broker Agreement

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Grayscale Bitcoin ( (GBTC) ) has provided an announcement.

On October 3, 2025, Grayscale Investments and Coinbase entered into a new Prime Broker Agreement to manage the custodial and prime broker services for the Grayscale Bitcoin Trust ETF. This agreement replaces the previous prime broker and fund administration agreements, marking a strategic shift in Grayscale’s operational partnerships to enhance the management of its Bitcoin assets.

More about Grayscale Bitcoin

Grayscale Investments is a company operating in the cryptocurrency industry, primarily focusing on digital currency investment products. Its key offering is the Grayscale Bitcoin Trust ETF, which provides investors with exposure to Bitcoin.

Average Trading Volume: 2,395,768

Technical Sentiment Signal: Buy

Learn more about GBTC stock on TipRanks’ Stock Analysis page.

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