Tag Archives: Grayscale

CoinspeakerUS Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting The bearish sentiment wasn't limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months. US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting

Ever since mid-January, when the 11 spot Bitcoin ETFs saw the light of day, Grayscale’s converted GBTC has been at the forefront of outflows. This eventually resulted in losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. In the last two trading days of this week, though, the tides changed, and this negative award went to Fidelity’s FBTC. Data from FarSide shows the overall outflows for the week, in which four out of the five trading...

Geopolitical tensions and inflation have prompted an increasing number of American voters to turn to Bitcoin, according to a recent Harris Poll survey of likely U.S. voters. Funded by Bitcoin ETF issuer Grayscale, the survey reveals that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before deciding how to vote. Surge in Voter Interest in Crypto The poll included responses from over 1,700 likely U.S. voters. It revealed that 77%...

CoinspeakerUS Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows Despite this positive trend, overall flows for these ETFs remain below their March peak. US Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows

CoinspeakerSpot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday Grayscale's Bitcoin Investme­nt Trust (GBTC) witnessed the first ne­t inflow of $4.64 million since its conversion in January after it had e­xperienced huge­ net outflows. Spot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday

CoinspeakerDogecoin Founder Questions Ethereum ETF Approval Dogecoin founder Billy Markus said that SEC has lost its integrity, and any positive outcomes are unlikely until its integrity is restored. Dogecoin Founder Questions Ethereum ETF Approval

Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale analyst Michael Zhao argued how these technologies may both bring new use cases to Bitcoin and foster more market demand for BTC. Rollups On Bitcoin Zhao first named Bitcoin Virtual Machine (BitVM) among Bitcoin’s “most anticipated” next generation of applications. Published by Robin Linus...

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the...

CoinspeakerGrayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow The rece­nt influx of $63 million offers a glimmer of hope­ for the Grayscale Bitcoin Trust. This positive trend coincides with a broade­r upswing in the cryptocurrency market. Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow

CoinspeakerSpot Bitcoin ETFs See Largest Daily Net Outflows on May 1 The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs. Spot Bitcoin ETFs See Largest Daily Net Outflows on May 1