Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
DCG reported 11% increase in Q1 revenue, with Grayscale contributing $156 million despite outflows and fee reductions post-GBTC conversion to ETF.
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
The approval of spot exchange-traded funds (ETFs) has already pushed Bitcoin to new highs, potentially reducing the impact of the upcoming halving on its price.
While historically halving events have led to upward pressure on Bitcoin prices, strong demand from ETFs might magnify this effect further in the current cycle.
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
DCG reported 11% increase in Q1 revenue, with Grayscale contributing $156 million despite outflows and fee reductions post-GBTC conversion to ETF.
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
The approval of spot exchange-traded funds (ETFs) has already pushed Bitcoin to new highs, potentially reducing the impact of the upcoming halving on its price.
While historically halving events have led to upward pressure on Bitcoin prices, strong demand from ETFs might magnify this effect further in the current cycle.