Asset management firm Grayscale has disclosed new details about its new Bitcoin Mini Trust fund, a “spin-off” of the GBTC exchange-traded fund (ETF). The new fund, which was first announced in March, is expected to operate independently and offer a cost-effective investment option to GBTC shareholders. Grayscale Offers Industry-Low Fee With New Fund According to […]
As the much-awaited deadline for Bitcoin Spot ETF applications is drawing near, Ark Investment Management under the direction of Cathie Wood has sold off its entire Grayscale Bitcoin Trust (GBTC) holdings. Ark Invest Bitcoin Investment Strategy Shift Bloomberg Intelligence ETF analyst Eric Balchunas recently reported the development on X (formerly Twitter) on Thursday, December 28. […]
The prospect of a spot Bitcoin ETF (exchange-traded fund) trading in the United States has been the major topic of discussion in the cryptocurrency space over the past few weeks. In the latest development, a Bloomberg analyst reported that the US Securities and Exchange Commission has been engaging with exchanges concerning the spot Bitcoin ETF […]