BlackRock’s iShares Bitcoin Trust bought 6,495 BTC from Coinbase Prime, raising its total Bitcoin holdings to $1.59 billion amid crypto market volatility. Grayscale experienced $505 million outflows but offset it…
Browsing: Grayscale Bitcoin Trust
Bitcoin’s stagnation is linked to outflows from Grayscale’s Bitcoin ETF, creating selling pressure and preventing a significant price increase. Grayscale’s outflows are due to higher expenses and competition from cheaper…
Recent data shows that the Grayscale Bitcoin Trust discount has narrowed from a record high of around 50 percent during the collapse of the FTX exchange. Market optimism is at…
CEO and Chief Investment Officer of Morgan Creek Capital Management, Mark Yusko predicts that a spot Bitcoin ETF approval could drive $300 billion to the crypto market. Yusko also stated…
Addresses linked to Grayscale Bitcoin Trust (GBTC) has been identified by Arkham Intelligence. Grayscale is the second largest holder of Bitcoin per data from the analytics firm. In a September…
Grayscale Investments’ legal triumph raises queries about the trajectory of Coinbase’s SEC lawsuit. Ripple voices skepticism about SEC’s uniformity; regulatory clarity is in question. Following Grayscale Investments’ success in their…
Grayscale’s win yesterday August 29th saw the DC Court rule against the SEC’s power to deny transforming GBTC into a Bitcoin ETF, prompting a 6% Bitcoin price surge. Various pending…
Grayscale SEC lawsuit can impact the broader crypto market. Traders have been bracing for the massive plunge the market has experienced recently. The legal battle between Grayscale Investments and the…
Grayscale Investments awaits SEC’s response on Bitcoin Trust conversion to ETF, surpassing the 160-day evaluation period. A significant review looms, highlighted by attorney Scott Johnsson due to the August court…
Fir Tree Capital Management slams Grayscale with a lawsuit, to prove mismanagement. Grayscale has responded that it remains committed to providing investors access to Bitcoin. The Bitcoin (BTC) market faces…
Brian Armstrong, the CEO of Coinbase has disclosed that the company holds $39.9 billion worth of Bitcoin. Coinbase Custody Trust, the Investment arm of Coinbase Global is said to hold…
Grayscale added that long-term investors have the next 250 days of strong accumulation opportunity during the bear market. It also said that the recent market collapse will not be fatal…
The crypto asset management firm quickly instituted legal action against the US SEC last month over its spot Bitcoin ETF proposal rejection. Recently, Grayscale held a Q&A session to address…
Grayscale CEO Michael Sonnenshein has revealed that all actions, including a lawsuit against the SEC, are on the table if the regulator fails to approve its spot ETF application. He…
Grayscale Bitcoin Trust is trading at a discount of 26.5 percent, the highest ever, as it becomes one of the biggest casualties of the current BTC selloff. Aside from the…
As Bitcoin crosses over to its 13th year since the genesis block was mined, its hash rate has hit a new ATH of 207.53 EH/s. Hash rate steadily rose since…
Bitcoin has marked yet another week of leading institutional inflows, riding high on the US approval of a Bitcoin Futures ETF. Digital asset investment products AUM, amounted to $72.3 million…
Morgan Stanley Buys over 58,000 additional GBTC shares. The bank increased exposure as GBTC gears up for an SEC ETF approval. American multinational bank Morgan Stanley has bought roughly $2…
Grayscale seeks to increase its assets under management with the asset manager taking a key interest in DeFi focused crypto-assets according to the latest update. According to CoinShares’ data, Grayscale…