Grayscale’s spot Bitcoin ETF GBTC outflows hit $7b
Crypto asset manager Grayscale continues to see a slowdown in outflows from its Bitcoin (BTC) spot exchange-traded fund (ETF). In a Feb. 19 post on X, co-founder of ETF Institute …
Grayscale
Grayscale Bitcoin Trust’s (GBTC) Market Share Drops to 30%: Kaiko
Since the introduction of spot Bitcoin ETFs earlier this year, GBTC has experienced substantial outflows, resulting in its AUM (Assets Under Management) decreasing to $23.7 billion as of Thursday. While …
Genesis granted court permission to sell $1.6b Grayscale GBTC shares
Grayscale’s GBTC may experience new sell pressure and outflows following a ruling in the Genesis bankruptcy case on Feb. 14. U.S. Bankruptcy Judge Sean Lane ruled that Digital Currency Group …
Bitcoin Long-Term Holders Spent 300k BTC Since Supply Peak in November 2023: Glassnode
Long-term Bitcoin investors have seen their patience and conviction rewarded thanks to the crypto asset’s rally to multi-year highs above $50k. According to the latest data from Glassnode, although Bitcoin …
Digital Currency Group records 59% rise in revenues despite legal troubles
Digital Currency Group (DCG), the parent company of Grayscale Investments, reported a 59% surge in revenue in the fourth quarter of 2023. According to Bloomberg’s reports, the company sent a …
Why This Year’s Bitcoin Halving Is “Actually Different”: Grayscale
The upcoming Bitcoin (BTC) halving is likely a bullish development, but a slew of outside factors mean it likely won’t play out the same as in previous years, according to …
Grayscale: ‘Next Bitcoin Halving Is Different’
In Grayscale’s latest report, “2024 Halving: This Time It’s Actually Different,” Michael Zhao, provides an in-depth analysis of the evolving dynamics within the Bitcoin ecosystem as the next halving event …
LPL Financial to evaluate spot Bitcoin ETFs ‘three months’ before joining the market
LPL Financial, the largest U.S. independent broker-dealer, takes a measured approach, conducting a three-month evaluation before entering the spot Bitcoin ETF market. The San Diego-headquartered broker-dealer is planning a thorough …
Bitcoin ETF sees net inflow of $38.4 million, BlackRock outpaces Grayscale
Bitcoin ETFs experienced a net inflow of $38.4 million on Feb. 1, marking the fifth consecutive day of such inflows. Grayscale’s Bitcoin Trust ETF (GBTC) also saw a significant net …
Analyst Predicts Bitcoin Price By EOY Based On ETF Inflows
In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his …