Hedge Fund Fir Tree Sues Grayscale for Data on Battered Bitcoin Trust

The video discusses Grayscale's Bitcoin Trust, owned by Digital Currency Group, and its market dynamics. Initially trading at a premium, the trust now faces a significant discount due to share issuance and lack of redemptions. A hedge fund has filed a complaint in Delaware to investigate potential conflicts of interest, aiming to reduce the discount by lowering fees and resuming redemptions.

What actions is the hedge fund taking against Grayscale according to the text?

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What potential solutions are suggested to address the discount between the share price and Bitcoin?

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