Grayscale

Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF

April 17, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market Grayscale’s GBTC continued to report reductions in its bitcoin […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs

April 16, 2024 Bitcoin.com

Bitcoin (BTC)

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells Off Since the trading […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility

April 14, 2024 Bitcoin.com

Bitcoin (BTC)

Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin Despite GBTC’s […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

April 13, 2024 Bitcoin.com

bitcoin.com

Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

April 11, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow Streak in 2 Bitcoin ETFs, Eyeing Record On Wednesday, U.S. spot bitcoin ETFs reversed a two-day trend of […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

April 10, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot bitcoin ETFs saw a substantial $223.8 million in outflows, and on April […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks

April 9, 2024 Bitcoin.com

Bitcoin (BTC)

Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday, GBTC possessed 325,686.78 BTC, but as per Grayscale’s website, this […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance

April 9, 2024 Bitcoin.com

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Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers [to] dominate the conversation.” Cardano FUD Charles Hoskinson, co-founder of Input Output Global Inc., has criticized “all the dunking […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Grayscale Removes Cardano From Its Crypto Large Cap Fund

April 7, 2024 Bitcoin.com

bitcoin.com

Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund. Cardano Removed From Grayscale’s Large Cap Fund Grayscale Investments, the world’s largest crypto asset manager, announced Thursday that […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip

April 2, 2024 Bitcoin.com

Bitcoin (BTC)

After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25 and March 28, 2024, the U.S. spot bitcoin ETFs enjoyed an upward trend, amassing […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report