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Best Crypto to Buy Today March 22 – APT, ICP, FTM


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,...

GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K


Grayscale’s spot Bitcoin ETF has seen the biggest outflow of $643 million on March 18, as Bitcoin price continues to drop and is now below the $65,000 mark. The post GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K appeared first on Cryptonews

9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B


The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates. The 9 New ETFs Hold Nearly a Half Million Bitcoin Since their...

Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed


Crypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF. The post Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed appeared first on Cryptonews

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits


Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential...

Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows


BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has taken in a record daily inflows of $788 million on Tuesday, as the crypto frenzy shows little signs of slowing down in March.  The post Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows appeared first on Cryptonews

GBTC outflows pull down ETF momentum


Bitcoin ETFs lost their momentum amid heavy outflows from GBTC. On February 29, 2024, the number stood at $599 million. Since the US Securities & Exchange Commission announced the launch of Spot Bitcoin ETFs on January 10, 2024, this is the second-highest outflow. Nevertheless, BlackRock...

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