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US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
17.5.2024
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of inflows, gaining $4.6 million during the trading sessions. Spread Between IBIT and GBTC Bitcoin...
US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday
16.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions....
US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions
15.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced two consecutive days of net inflows on Monday and Tuesday, totaling $166.5 million across both sessions. U.S. Bitcoin ETFs Record 2 Days of Net Inflows The week began positively for U.S. spot bitcoin ETFs, with notable inflows seen during...
Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears
15.5.2024
As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded...
Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs
14.5.2024
Wisconsin's leading pension fund bought shares in both BlackRock and Grayscale's Bitcoin ETFs.
The post Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs appeared first on Cryptonews
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
14.5.2024
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust
SEC, Ripple case nears conclusion, Grayscale withdraws ETF filing, and more: Hodler’s Digest, May 5-11
11.5.2024
SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
11.5.2024
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction...
Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more
10.5.2024
This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering
Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
10.5.2024
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...
Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
10.5.2024
The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
10.5.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin...
Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days
10.5.2024
Grayscale's Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier
Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?
10.5.2024
With Grayscale holding steady and Bitwise recording significant $11.54 million in fresh inflows, the latest Bitcoin price prediction hints at a potential market turnaround.
The post Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom? appeared first on Cryptonews
Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows
10.5.2024
Grayscale's Bitcoin holdings have been cut in half, but its revenue remains roughly equal to last year.
The post Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows appeared first on Cryptonews
Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows
9.5.2024
Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
9.5.2024
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
Proposal for Ethereum Grayscale Ethereum ETF is No More
8.5.2024
Application for Grayscale Ethereum Futures Trust FTF was withdrawn on 3rd May 2024. The Securities and Exchange Commission had delayed decisions on spot Ethereum Exchange Traded Funds over the past months. A document filed recently indicates that a proposal for listing and trading shares...
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...