Ian Allison

Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH. Recent Finance In Bitcoin ETF Battle, Grayscale Is Bringing 'A Gun to a Knife Fight' The Grayscale Bitcoin Trust's (GBTC) $27 billion of bitcoin and $35...

Biography:  https://www.coindesk.com/author/ian-allison/

64%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • Grayscale claims that it has dropped the management fee to 1.5% when in fact they are still charging a fee of 2%.
  • Grayscale is biased in favor of promoting their own Bitcoin ETF and downplaying the competition.
  • [Sonnenshein declined to comment on any of the other ETF issues such as BlackRock, which said its fee will start at 0.20%, rising to 0.30%.
  • They are not transparent about their fees or how they conduct research.
  • ]We did a ton of research to evaluate similar product offerings[

Conflicts of Interest

50%

Examples:

  • Grayscale has a vested interest in promoting their own product and may not be acting in the best interests of investors.
  • [Sonnenshein declined to comment on any conflict of interest issues such as potential conflicts with other exchanges or institutions that may benefit from the Grayscale Bitcoin ETF.

Contradictions

85%

Examples:

  • Grayscale claims that it has dropped the management fee to 1.5% when in fact they are still charging a fee of 2%.
  • [Sonnenshein declined to comment on any of the other ETF issues such as BlackRock, which said its fee will start at 0.20%, rising to 0.30%.
  • [Sonnenshein declined to comment on any other ETF issues such as BlackRock, which said its fee will start at 0.20%, rising to 0.30%.
  • ]We did a ton of research to evaluate similar product offerings[

Deceptions

50%

Examples:

  • Grayscale may be hiding something from investors that could affect their decision to invest in the product.
  • [Sonnenshein declined to comment on any deception issues such as misleading statements or false claims about the Grayscale Bitcoin ETF.

Recent Articles

Grayscale and BlackRock Propose ETF Fees for Spot Bitcoin Trading in Crypto Sector on Edge

Grayscale and BlackRock Propose ETF Fees for Spot Bitcoin Trading in Crypto Sector on Edge

Broke On: Monday, 08 January 2024 The crypto sector awaits potential approval of ETFs for spot trading Bitcoin, with Grayscale and BlackRock proposing fees. Grayscale reduced its management fee to 1.5% in its proposed uplift.