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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.
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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.
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GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
19.3.2024
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s...
Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC
19.3.2024
GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
19.3.2024
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments,...
GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K
19.3.2024
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
Bitcoin Wobbles: $60k Support Tested, Grayscale Buys Continue
18.3.2024
Bitcoin has retraced back to a value of less than $70,000 when articulating this piece. The current week is expected to be full of fluctuations, with the value likely to dance around $65,000. Specifically speaking, BTC is listed at $68,277.90, with a surge of 4.94% in the last 24 hours. Bitcoin...
Grayscale seeks approval from the SEC for the Bitcoin Mini Trust
13.3.2024
Grayscale has filed a request with the US Securities and Exchange Commission to seek the formation of a Bitcoin Mini Trust. It will be floated on NYSE Arca under the ticker symbol BTC. The aim is to introduce a Bitcoin product for users who seek lower fees. According to Tuesday’s filing...
Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed
12.3.2024
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.
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Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits
12.3.2024
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...
Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust
12.3.2024
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
8.3.2024
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently...
Grayscale Advisors release the firm’s very first crypto fund
6.3.2024
Grayscale Advisors recently launched its first actively managed crypto fund. Named Grayscale Dynamic Income Fund, the scheme will optimize staking income from crypto. The fund will distribute these staking rewards in USD every quarter. With the announcement, Grayscale also reminded customers that...
Grayscale Launches Crypto Staking Fund – Here’s What You Need to Know
5.3.2024
Grayscale recently announced the launch of the Grayscale Dynamic Income Fund, which will own tokens on nine blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network, and Solana.
The post Grayscale Launches Crypto Staking Fund – Here’s What You Need...
Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund
5.3.2024
The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL
Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
The post Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26...