According to Grayscale Research, Bitcoin might revisit its all-time high later this year if the U.S. economy avoids a recession. This optimistic outlook follows a period of stabilization in both crypto assets and broader financial markets, which had faced sharp declines from Friday, August 2, through Monday, August 5. Grayscale Predicts Bitcoin Rally In an August 8 research report, analysts at Grayscale expressed optimism about the U.S. economy’s ability to achieve a “soft...
Read More »NYSE American Seeks SEC Nod for Options Tradings on Three Ethereum ETFs
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Read More »Crypto Investment Products Sees $528M in Outflows Last Week
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Read More »Grayscale Bitcoin Mini ETF Overtakes BlackRock’s IBIT with $191 Million Inflows
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Read More »Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra-Low’ 0.15% Fee
The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities and Exchange Commission (SEC). The firm describes this spin-off product as a new fund...
Read More »Vitalik Buterin Leads Ethereum Community in 9th Anniversary Celebration
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Read More »Metaplanet Joins Bitcoin for Corporation Initiative
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Read More »Spot Ethereum ETFs Boost Trading Volumes to $14.8 Billion, Highest Since May
The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched funds attracted $2.2 billion last week. Since then, the trading volume of Ethereum ETPs has also surged by 542%. However, the inflows have been hampered by Grayscale’s existing $1.5 billion Ethereum trust, which resulted in ETH experiencing a net outflow of $285 million for the week. This mirrors the...
Read More »Ark Invest Sells Off Shares of Its Own Spot Bitcoin ETF Worth $7.8M
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Read More »Grayscale Launches New Fund Targeting Decentralized AI Protocols
The prominent crypto asset manager announced the launch of the Grayscale Decentralized AI Fund LLC on July 17th, which aims to offer investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem. The fund will rebalance quarterly and currently features a basket of decentralized artificial intelligence (AI) crypto protocols, such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Grayscale’s...
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