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Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1


Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little change from the previous quarter, as stated in...

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs. The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews

Block Is Buying Bitcoin Every Month for Its Balance Sheet


Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...

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