Grayscale Bitcoin Trust
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust.
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
There were $836 million in net outflows between March 18 and March 21, the report said.
Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC
GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors
BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.
Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch
Bitcoin pressure has picked up this week as AUM at the Grayscale Bitcoin Trust has declined more than $1 billion per day thanks to a combination of exiting bitcoin and lower prices.
Bitcoin Unphased by China's Stimulus Plan
Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Amid Bitcoin ETF Fee War, Grayscale Stands Its Ground With Priciest Product
Valkyrie, Invesco and Bitwise lowered their fees further just hours after all rivals finally revealed their fee plans.
Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares and also sold $27.6 million worth of Coinbase stock.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood's investment firm also sold GBTC stock while increasing its holdings of Block.
