Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little change from the previous quarter, as stated in a shareholder letter from Digital Currency Group (DCG), its parent company. The conversion of […]
Go to Source
Author: Bitcoin.com
Related posts:
- Binance Fined Over $4 Million in Canada for Money Laundering Violations
- EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds
- Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements
- Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme