#grayscale

#grayscale

Bitcoin slump led to $440 million in liquidations for futures traders.

Major cryptocurrencies like Ethereum, Solana, and Dogecoin also suffered losses. [ more ]

Grayscale introduces new fund for staking cryptocurrencies to earn income

GDIF aims to distribute rewards in U.S. dollars on a quarterly basis [ more ]

Crypto lender Genesis has filed a motion to sell over $1.6 billion in Bitcoin, Ethereum, and Ethereum Classic held in Grayscale's trust products.

The approval of the motion could lead to significant selling pressure on Bitcoin, as seen in a previous instance of a bankrupt exchange selling over $1 billion worth of GBTC holdings. [ more ]

Futures traders saw $217 million in liquidations in the past 24 hours as the approval of spot bitcoin ETFs led to a sell-off.

Fears of Grayscale selling its bitcoin holdings contributed to the drop in prices. [ more ]

Approval of spot bitcoin ETFs in January led to significant outflows from GBTC shares.

GBTC has seen a notable decrease in daily outflows after hitting a peak of $600 million in March. [ more ]

Grayscale's CEO expects GBTC fees to decrease over time

GBTC experienced $12 billion in outflows due to high fees [ more ]

Outflows from Grayscale's bitcoin ETF (GBTC) continued to be greater than inflows into other funds.

GBTC has seen $5 billion in outflows since January 11, but the pace of sales is slowing. [ more ]

Grayscale sent an additional 9,000 bitcoin to an exchange following the conversion of Grayscale Bitcoin Trust (GBTC) to a spot ETF.

The move resulted in net outflows from GBTC as investors sold for various reasons, including the elimination of the discount to net asset value and lower fees at competing ETFs. [ more ]

Demand for bitcoin ETFs continues to increase as inflows into BlackRock's IBIT grow and outflows from Grayscale decrease.

Traders are now predicting a BTC price of $64,000 based on technical analysis and buying demand from institutional investors. [ more ]

The BlackRock iShares Bitcoin ETF (IBIT) has reached $2 billion in assets under management (AUM).

Grayscale's GBTC, which converted into a spot ETF, had nearly $30 billion in AUM. [ more ]

Bitcoin ETFs are seeing negative flows for the first time since their launch, with a net outflow of $158 million on Wednesday.

BlackRock's IBIT and Fidelity's FBTC are leading the way among the ETFs, but their inflows have slowed in the past few days. [ more ]

Net inflows into newly approved bitcoin exchange-traded funds (ETFs) amount to approximately 21,000 BTC or $894 million. BlackRock's iShares Bitcoin Trust leads with 16,362 BTC, followed by Fidelity's Wise Origin Bitcoin Fund with 12,112 BTC. Grayscale's Bitcoin Trust experienced sizable outflows.

The conversion of Grayscale's Bitcoin Trust (GBTC) from a closed-end fund to an ETF, along with a reduced management fee and no longer trading at a discount to net asset value, has led to selling by GBTC holders. [ more ]

The SEC has approved spot bitcoin ETFs in the U.S., allowing companies like BlackRock and Grayscale to create ETFs that hold actual bitcoin.

Grayscale's GBTC was the first spot bitcoin ETF to begin trading, with other companies set to follow suit on U.S. markets. [ more ]

Grayscale's GBTC became the first spot bitcoin ETF to begin trading after receiving approval from the SEC.

The approval of GBTC and other spot bitcoin ETFs marks a historic milestone for the cryptocurrency industry. [ more ]

Binance founder CZ ordered to stay in the US until his sentencing in February due to flight risk.

US House committee passes bill to promote blockchain deployment and increase US use of blockchain technology.

SEC delays decision on Grayscale's spot Ether ETF offering. [ more ]

BlackRock and Grayscale met with the SEC to discuss approval requirements for their spot Bitcoin ETF applications.

Concerns have been raised about Coinbase's dual role as an exchange and custodian for ETF applicants. [ more ]

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). [ more ]

Grayscale's bitcoin fund, GBTC, saw its discount to net asset value (NAV) shrink to 0% following approval to convert into a spot bitcoin exchange-traded fund (ETF).

Franklin Templeton reduced the fee on its bitcoin ETF to 0.19% of net assets, making it the cheapest option among new investment products.

UBS will allow some clients to trade bitcoin ETFs but with certain conditions, including not soliciting these trades and limiting access for accounts with lower risk tolerance. [ more ]