Grayscale Bitcoin Trust News
Latest Grayscale Bitcoin Trust News
The volume of Bitcoins managed by Grayscale Bitcoin Trust has decreased by almost 50% since the conversion to a spot ETF
Troubled crypto lending firm Genesis has reportedly bought $2.1 billion worth of Bitcoin (BTC) after selling off approximately 36 million shares of the Grayscale Bitcoin Trust (GBTC).
On March 11, Grayscale Bitcoin Trust (GBTC) saw a substantial withdrawal, with $494 million worth of Bitcoin, approximately 6,850 BTC, leaving the fund. BitMEX Research initially labeled this exodus a record outflow. However, they later clarified that it was a…
Grayscale’s GBTC may experience new sell pressure and outflows following a ruling in the Genesis bankruptcy case on Feb. 14.
Spot Bitcoin ETFs set a record high for daily net inflows, with over $631 million flowing into funds on Feb. 13, coinciding with dwindling outflows from Grayscale’s converted GBTC.
The naive token of the cryptocurrency exchange FTX rose sharply amid news of the sale of GBTC shares. According to CoinMarketCap data, over the past 24 hours, the FTT token has risen by more than 10% to $2.83. Trading volumes…
Grayscale’s Michael Sonnenshein backed the longevity of his firm’s spot Bitcoin ETF as it saw over $2.2 billion in outflows less a week after approval.
A crypto trader shared the reasons why he believes Grayscale Bitcoin Trust is seeing a mass sellout.
Grayscale Bitcoin Trust transferred approximately 4,000 BTC, valued at $183 million, to Coinbase Prime deposit addresses.Â
Cathie Wood’s investment fund Ark Invest has sold all its remaining assets of the Grayscale Bitcoin Trust (GBTC). Bloomberg analyst Eric Balchunas reported that half of the proceeds from the GBTC sale, amounting to a significant $100 million, were used…
Grayscale has updated the agreement to optimize its conversion into a spot Bitcoin (BTC) ETF. The corresponding document appeared on the website of the US Securities and Exchange Commission (SEC). The fund also wants to level the playing field when…
Investment giant Grayscale has filed a new registration statement with the SEC in its ongoing attempt to convert its Grayscale Bitcoin Trust into a spot Bitcoin ETF.
Grayscale's legal victory against the SEC renews optimism for a US Bitcoin ETF, boosting trading, investor sentiment, and overall financial markets
Hedge fund Fir Tree Capital Management is suing Grayscale Investments for information to investigate potential mismanagement and conflicts of interest at its $10.7 billion Bitcoin fund.
CryptoCompare’s Digital Asset Management Review released on August 30, 2022, shows that Ether (ETH) based investment products have seen significant gains this month, as investors continue to anticipate the upcoming merge. Bitcoin investment products posted a 7.16 percent loss during…
Although traditional financial institutions and banks are concerned about digital currencies, some are allowing customers to gain exposure to the crypto market. U.S.-based multinational bank Morgan Stanley is one of the notable names in the lot. Morgan Stanley Buys a…