CoinspeakerSpot Bitcoin ETF Capital Exodus: US Offerings See $51.5M Outflow Despite these recent outflows, the accumulated total net inflows for the US-listed spot BTC ETF products stand at nearly $60 billion. Spot Bitcoin ETF Capital Exodus: US Offerings See $51.5M Outflow
Read More »BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
CoinspeakerBNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT. BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
Read More »Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
CoinspeakerSpot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend In an attempt to reverse its fortunes, Grayscale revealed its plan to launch an innovative low-cost version of its GBTC fund named "Grayscale Bitcoin Mini Trust" with just 0.15% fees. Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
Read More »Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
CoinspeakerDigital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows. Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
Read More »Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows
CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows
Read More »Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees
CoinspeakerGrayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC's current fee. Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees
Read More »Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow
CoinspeakerFidelity’s Bitcoin ETF Achieves Record $405 Million Inflow The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency. Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow
Read More »Grayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion
CoinspeakerGrayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion Before the conversion on January 11, GBTC held 624.28K BTC but this amount has since dropped to 434.36K BTC as of March 4. Grayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion
Read More »VanEck Slashes Spot Bitcoin ETF Fee from 0.25% to 0.20% to Obtain Competitive Edge
CoinspeakerVanEck Slashes Spot Bitcoin ETF Fee from 0.25% to 0.20% to Obtain Competitive Edge The majority of US spot Bitcoin ETF issuers have set their sponsor fee between 0.19% and 0.25%, but the high competition could easily cause further lowering in the near term. VanEck Slashes Spot Bitcoin ETF Fee from 0.25% to 0.20% to Obtain Competitive Edge
Read More »Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
CoinspeakerBitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000 The inflow recorded by spot Bitcoin ETFs nearly surged to $500 million yesterday, as the price of Bitcoin hit a level not seen for 2 years. Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
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