The Grayscale Bitcoin Mini Trust (the “Trust”) officially launched on Wednesday after receiving approval from the US Securities and Exchange Commission (SEC), emerging as a lower-cost alternative to the renowned…
Grayscale’s GBTC has dominated in the recent wave of outflows from US spot Bitcoin ETFs, which collectively recorded a total daily net outflow of $174.45 million on Monday. This marked…
Ever since mid-January, when the 11 spot Bitcoin ETFs saw the light of day, Grayscale’s converted GBTC has been at the forefront of outflows. This eventually resulted in losing its…
On May 28th, BlackRock finally surpassed Grayscale to become the largest spot Bitcoin ETF with 288,671 BTC in its holdings. It took BlackRock’s IBIT just 96 trading days to close…
Grayscale’s upcoming spot Ether exchange-traded fund (ETF) could potentially see an average outflow of $110 million per day if it follows the trend set by the company’s Bitcoin Trust in…
Morgan Stanley, the sixth-largest banking firm in the United States, has invested over $269 million in a spot Bitcoin ETF, as disclosed in its recently published Form 13-F. The Securities…
Wednesday saw spot Bitcoin ETF flows shift to the positive side for the week, surpassing the outflows recorded on Monday. This turnaround can be attributed to Grayscale’s GBTC experiencing a…
Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. The…
Just one day after the spot Bitcoin ETFs achieved a notable milestone with a net inflow of $1.05 billion, BlackRock’s IBIT saw inflows exceeding the total outflows of Grayscale’s GBTC…
Cryptocurrency exchange Coinbase has thrown its support behind Grayscale’s application to convert its Ethereum Trust into a spot Ether ETF, urging the SEC for approval. One of Coinbase’s key arguments…
