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Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease
13.4.2024
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...
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
12.4.2024
The Thursday total ETF flow was negative, with GBTC leading the pack
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
11.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow...
Dogecoin Price Prediction as DOGE Approaches USDC Market Cap – $1 Incoming?
11.4.2024
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
11.4.2024
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
10.4.2024
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...
GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks
9.4.2024
Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday...
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
6.4.2024
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings...
Genesis Converts GBTC Shares into Bitcoin: Acquires 32,000 BTC in Major Move
6.4.2024
Bankrupt crypto lending firm Genesis has converted approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin as part of preparations to settle its debts with creditors.
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Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
Whale Sends Green Bitcoin’s GBTC Token Up 1.6x On Uniswap Launch
5.4.2024
A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) landed on Uniswap at 1PM UTC today and it posted an instant 1.6x windfall after one whale bought $44k worth of it. GBTC began trading at $1.10 but climbed 63% to reach a high of $1.79 immediately after the launch as...
Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day
5.4.2024
The price of Bitcoin (BTC) has surged above the $67,000 mark amid declining outflows from Grayscale’s Bitcoin ETF (GBTC).
The post Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day appeared first on Cryptonews
Green Bitcoin Launches on Uniswap DEX April 5, Announces Imminent CEX Listing
4.4.2024
A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) is getting listed on Uniswap at 1PM UTC Thursday, April 5, 2024, ahead of a major update and CEX listing in the following days. Eco-friendly Bitcoin alternative Green Bitcoin (GBTC) raised a tidy $9.6 million over...
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
3.4.2024
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also...
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
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...
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
Crypto Titans are Betting Big on This ‘Eco-Friendly’ Bitcoin Alternative – $9 Million Raised Already
26.3.2024
Eco-friendly Bitcoin alternative Green Bitcoin (GBTC) has raised a tidy $9 million barely three weeks into an ongoing presale. Green Bitcoin is a predict-to-earn staking protocol. The team behind it calls it “gamified green staking.” How it works is simple, to get $GBTC rewards on...
Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion
26.3.2024
The price of Bitcoin has maintained a level around $70,500 despite recent outflows from spot ETFs led by Grayscale's GBTC.
The post Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion appeared first on Cryptonews
Bitcoin (BTC) Price Retakes $70,000 On Central Bank Easing Hopes, Potential Easing GBTC Sell Pressure – New ATHs Next?
25.3.2024
The Bitcoin (BTC) price pushed back above $70,000 on Monday for the first time in 9 days as traders focused on the theme of global central bank easing, a possible easing on GBTC sell pressure and BlackRock’s first major entry into the realm of asset tokenization.
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