Tag Archives: Market News

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

CoinspeakerBlackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K BlackRock’s iShares Bitcoin Trust (IBIT) set a new record in daily traded shares of about 100 million on Thursday and a record daily inflow of $849M on Tuesday. Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K

CoinspeakerUS Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.  US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns

CoinspeakerCoinbase’s Bold $1 Billion Bond Offering amid Market Optimism In contrast to Coinbase’s expansionary endeavors, Cathie Wood’s Ark Invest has been engaging in a selling spree, offloading another $27 million worth of COIN shares. Coinbase’s Bold $1 Billion Bond Offering amid Market Optimism

CoinspeakerBlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC. BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins

CoinspeakerPatient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs This strategic pivot by Patient Capital Management indicates a broader investment approach, now including all exchange-traded products (ETPs), moving away from its previous exclusive focus on the Grayscale fund. Patient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs

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

CoinspeakerThailand SEC Approves Crypto ETF Investments amid Bitcoin Boom The Thailand SEC's decision to embrace the crypto ETFs comes at the right time as Bitcoin price hits a new all-time high of $72,850, making it a good opportunity for Thai investors. Thailand SEC Approves Crypto ETF Investments amid Bitcoin Boom

CoinspeakerSEC Delays Decision on Cboe Options Trading for Bitcoin ETFs The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April. SEC Delays Decision on Cboe Options Trading for Bitcoin ETFs

CoinspeakerBlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund BlackRock's existing spot BTC ETF stands out as the top-performing option in the market, contributing to the surge in demand for Bitcoin ETFs. BlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund