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Digital Asset Management Giant Grayscale Rolls Out New Actively Managed Investment Product Focused on Staking

Digital Asset Management Giant Grayscale Rolls Out New Actively Managed Investment Product Focused on Staking

Crypto asset manager Grayscale is launching a new product focused on income from staking rewards. In a new announcement, Grayscale says that it is launching the Grayscale Dynamic Income Fund (GDIF), a new actively managed investment product that aims to earn profits from the staking rewards of proof-of-stake (PoS) crypto assets. “GDIF is our first […]

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US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

Grayscale Optimistic That Spot Ethereum ETFs Will Be Approved Amid ‘Lack of SEC Engagement’

Grayscale Optimistic That Spot Ethereum ETFs Will Be Approved Amid ‘Lack of SEC Engagement’

Grayscale’s chief legal officer still believes the U.S. Securities and Exchange Commission (SEC) could greenlight spot Ethereum (ETH) exchange-traded funds (ETFs). Craig Salm says the Ethereum ETFs “should be approved” and notes that he’s not deterred by the negative chatter surrounding the proposed financial products. He also says the SEC’s perceived lack of engagement on […]

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US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

Grayscale Leads Institutional Offloading of Crypto Products As $942,000,000 Leaves Markets: CoinShares

Grayscale Leads Institutional Offloading of Crypto Products As 2,000,000 Leaves Markets: CoinShares

Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following […]

The post Grayscale Leads Institutional Offloading of Crypto Products As $942,000,000 Leaves Markets: CoinShares appeared first on The Daily Hodl.

US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days  

GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days  According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves. Record-Breaking Outflow Hits Grayscale Bitcoin Trust Grayscale has continued to face outflows, marking […]

US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

Crypto Giant Grayscale Files With SEC for New Bitcoin Mini Trust Spin-Off Product

Crypto Giant Grayscale Files With SEC for New Bitcoin Mini Trust Spin-Off Product

The financial giant behind the Grayscale Bitcoin Trust (GBTC) is filing a new BTC product with the leading United States securities regulator. According to a new filing with the U.S. Securities and Exchange Commission (SEC), Grayscale is attempting to register a “Grayscale Bitcoin Mini Trust,” a spin-off of GBTC. The new product aims to allow investors […]

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US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits

Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax BenefitsGrayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders with exposure to bitcoin, reduced fees and potential tax benefits. Grayscale Unveils Bitcoin Mini Trust With […]

US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

Grayscale CEO Michael Sonnenshein Says Pent-Up Demand for Bitcoin Driving BTC Price Following ETF Launch

Grayscale CEO Michael Sonnenshein Says Pent-Up Demand for Bitcoin Driving BTC Price Following ETF Launch

The chief executive of crypto investment firm Grayscale says that repressed demand for Bitcoin (BTC) is driving up its price after BTC exchange-traded funds (ETFs) were approved in January. In a new interview with CNBC Television, Grayscale CEO Michael Sonnenshein says demand that had been kept in check before the approval of the BTC ETFs […]

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US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

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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US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework