Grayscale's High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale's GBTC maintains higher income than competitors despite significant asset outflows due to its higher expense ratio.
Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch
Grayscale's Bitcoin Trust (GBTC) has moved over 19,000 bitcoin from its wallet, bringing the total to nearly 113,000 BTC since the start of spot bitcoin ETFs.
The outflows from the Grayscale wallet may not all be related to redemption, as some of the BTC is being settled from trading activity for the previous day(s).
Grayscale's High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale's GBTC maintains higher income than competitors despite significant asset outflows due to its higher expense ratio.
Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch
Grayscale's Bitcoin Trust (GBTC) has moved over 19,000 bitcoin from its wallet, bringing the total to nearly 113,000 BTC since the start of spot bitcoin ETFs.
The outflows from the Grayscale wallet may not all be related to redemption, as some of the BTC is being settled from trading activity for the previous day(s).
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
The state of Wisconsin purchased shares of BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Trust, signaling interest from institutional investors.