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9 Bitcoin ETFs Break All-Time Volume Record With $2,400,000,000 Trading Turnover: Bloomberg Analyst

9 Bitcoin ETFs Break All-Time Volume Record With ,400,000,000 Trading Turnover: Bloomberg Analyst

The nine newly created spot Bitcoin (BTC) exchange-traded funds (ETF) broke their all-time volume record on Monday, according to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence. Balchunas notes the ETFs registered $2.4 billion in volume on Monday, topping their big first day and doubling the recent daily average. Blackrock’s iShares Bitcoin Trust (IBIT) […]

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Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum

Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for EthereumGrayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors […]

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Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”

Coinbase on Grayscale Ethereum Spot ETF Application: “ETH Is a Commodity, Not a Security”Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum Grayscale Fund Conversion as a […]

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Zcash (ZEC) Jumps More Than 20% After Digital Asset Manager Grayscale Proposes New ‘Privacy ETF’ to the SEC

Zcash (ZEC) Jumps More Than 20% After Digital Asset Manager Grayscale Proposes New ‘Privacy ETF’ to the SEC

Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC). If approved, the Grayscale Privacy ETF’s investment portfolio will consist primarily of investments in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions and network security companies, according to an N-1A form filed […]

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Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation

Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust AllocationAccording to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning sector of privacy technology and cybersecurity. Privacy Takes Center Stage […]

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Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review

Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in ReviewRobert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme. A Grayscale study on the upcoming Bitcoin halving in 2024 highlights a […]

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Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution

Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market EvolutionAccording to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing rate of 6.25 bitcoins per block to 3.125 […]

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Crypto ETPs See $500,000,000 in Institutional Outflows in One Week, According to CoinShares

Crypto ETPs See 0,000,000 in Institutional Outflows in One Week, According to CoinShares

Digital assets manager CoinShares says institutions are pulling out of crypto exchange-traded products (ETPs) to the tune of $500 million weeks after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF) earlier this month. In its latest Digital Asset Fund Flows report, CoinShares finds that even though crypto investment products saw massive […]

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FTX Estate Selling Crypto, Hoarding Cash To Pay Out Customer Claims: Report

FTX Estate Selling Crypto, Hoarding Cash To Pay Out Customer Claims: Report

The bankruptcy estate of former crypto exchange FTX is reportedly selling off billions of dollars worth of crypto assets and hoarding cash to pay out customers it owes money to. According to a new report by Bloomberg, FTX has begun selling digital assets as a means of repaying customers who had their accounts frozen during […]

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Grayscale Bitcoin Sell-Offs Slowing Down After Sending Over $5,000,000,000 in BTC to Coinbase: Arkham

Grayscale Bitcoin Sell-Offs Slowing Down After Sending Over ,000,000,000 in BTC to Coinbase: Arkham

Grayscale’s BTC sell-offs are in the beginning stages of slowing down after the financial giant sent over $5 billion worth of Bitcoin to the top US crypto exchange Coinbase. Lookonchain says that on Friday, Grayscale deposited $410.9 million in BTC to Coinbase Prime, the crypto exchange’s platform that caters to institutional clients. The deposit added to […]

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