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Nalezeno "outflows": 417

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease


Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind...

Dogecoin Price Prediction as DOGE Approaches USDC Market Cap – $1 Incoming?


The Dogecoin (DOGE) price is attempting to break back to the north of $0.20, with the crypto market’s biggest meme coin rallying in tandem with Bitcoin on slowing GBTC outflows, with DOGE’s market cap approaching USDC’s. The post Dogecoin Price Prediction as DOGE Approaches USDC Market Cap –...

Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI


As Bitcoin (BTC) pumps back above $70,000 on falling GBTC outflows and in spite of hotter-than-expected US inflation figures, traders are scouring altcoin markets as they hunt for the best crypto to buy now for quick gains. The post Best Crypto to Buy Now April 10 – Ethena, Nervos Network, ORDI...

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline


U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...

KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities


Due to large money outflows, KuCoin's market share has significantly decreased, going from roughly 6.5% to less than 3%. This is in line with an April 2 Kaiko data release. The decrease in market share coincides with a lawsuit that was launched on March 26 against the Commodity Futures Trading...

Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time


Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...

Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows


U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week...

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