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Is Grayscale running out of Bitcoin in its ETF?
5.4.2024
Outflows have not stopped from Grayscale Bitcoin Trust since it converted the closed-end fund. The conversion was responsive to the approval of Spot Bitcoin ETF applications, dating back to January this year. With constant outflows in the picture, the community is now beginning to seek answers...
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
SEC reviews Fidelity/Grayscale/Bitwise ETH trust proposals
4.4.2024
The Securities and Exchange Commission (SEC) has reached out for public opinion regarding three NFTs. They include the Fidelity Ethereum Fund, the Grayscale Ethereum Trust, and the Bitwise Ethereum Trust. The fact that the SEC refuses to throw any light on the matter, according to Bloomberg, is...
U.S. SEC Calls for Comments on Spot ETH ETFs
3.4.2024
The U.S. Securities and Exchange Commission has opened the window for comments on three ether spot exchange traded fund (ETF) proposals
ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time
3.4.2024
For the first time, outflows from Ark 21 Shares overtook Grayscale’s
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...
Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth
31.3.2024
Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entrenched in a bull run, detailing the driving factors and possible...
Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires
30.3.2024
Grayscale, a prominent digital asset management firm, has unveiled plans to launch a "dynamic income fund" dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors.
The post Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires appeared first...
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
Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days
25.3.2024
At the start of the year, Grayscale possessed 618.28K BTC for their Bitcoin Trust GBTC. They now hold only 356.44K BTC.
The post Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days appeared first on Cryptonews
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
25.3.2024
There were $836 million in net outflows between March 18 and March 21, the report said
Best Crypto to Buy Today March 22 – APT, ICP, FTM
22.3.2024
As Bitcoin (BTC) continues to struggle in the face of continued elevated outflows from Grayscale’s Bitcoin Trust ETF (GBTC), traders hunting for quick returns are parsing through the altcoin markets for the best crypto to buy today.
The post Best Crypto to Buy Today March 22 – APT, ICP,...
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
22.3.2024
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day
21.3.2024
Bitcoin spot exchange-traded funds (ETFs) in the United States have witnessed a three-day streak of net outflows, with a total of $261.5 million leaving the ten approved funds on March 20.
The post Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day appeared first on Cryptonews
Grayscale CEO confirms to bring down fees for Bitcoin ETF
20.3.2024
Grayscale currently has a management fee of 1.5%. That is higher than what its competitors are charging. BlackRock and Fidelity charge a lower fee and intend to capture most of the market share. However, there could be a change in the tide, for the Chief Executive Officer of Grayscale has confirmed...
Grayscale’s Bitcoin ETF sees record outflow amid BTC dip
20.3.2024
According to official statistics released on Monday, Grayscale’s Bitcoin Trust witnessed its most significant daily outflow since converting to a spot exchange-traded fund (ETF) in January of this year. This suggests a discernible shift in the sentiments of investors regarding the fund....
GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000
20.3.2024
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale's converted GBTC spot Bitcoin ETF.
The post GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000 appeared first on Cryptonews