Grayscale Charges Toward IPO Amid Bitcoin Frenzy — Will It Echo Coinbase’s Post-Listing Crash?
TradingKey – On Monday, July 14, as Bitcoin (BTC) surged past $123,000 to a new all-time high, crypto asset manager Grayscale announced it had confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC).
While the company did not disclose a timeline, it stated that the offering would proceed after SEC review and subject to market conditions.
The timing has drawn comparisons to Coinbase’s 2021 IPO, which coincided with Bitcoin’s then-record high of $65,000. Following its debut, Coinbase (COIN) stock plunged more than 90% from peak to trough, raising concerns that Grayscale’s IPO could follow a similar trajectory.
Coinbase Stock Price Chart – Source: TradingView.
While the parallel may be coincidental, analysts caution that record-breaking Bitcoin prices often fuel bullish sentiment, creating an ideal window for institutions to offload shares at premium valuations. Grayscale’s IPO could be seen as a strategic move to capitalize on heightened investor enthusiasm while liquidity is abundant.
Related Articles
Oracle Q1 FY2026 Earnings: Cloud Surge and Record RPO Fuel AI Optimism
TradingKey - Oracle Corporation (NYSE: ORCL) posted mixed Q1 FY2026 results, with total revenue and adjusted EPS slightly below consensus amid a shift to cloud services, but cloud revenue beat expectations with robust 28% growth. A massive RPO backlog of $455 billion, up 359% YoY
Will iPhone 17 Spark a New Upgrade Cycle? The Baseline iPhone Excites, But the Air Could Flop
TradingKey - After Apple’s 2025 fall launch event, Apple’s stock (AAPL) turned from gains to losses, as investors once again expressed dissatisfaction with what they saw as a lack of major innovation from the world’s top tech innovator. Analysts’ reviews suggest that the upgraded base iPhone 17
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
2025 Hottest US IPO Week: Klarna, Gemini, Figure Set for “Triple Launch”
TradingKey - 5 companies are now pricing their U.S. initial public offerings (IPOs) for the week starting September 8, with a total expected fundraising exceeding $3 billion, making it the busiest IPO week of 2025. Investors are closely watching the debut performance of Klarna, Gemini, and Figure.
