Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time |

Bitcoin, Bitcoin News, bitcoin price, btc, BTC news Bitcoin ETF, btc price, btcusd, BTCUSDT, ETF, ETF news, Grayscale, Grayscale news, spot Bitcoin ETF

In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch.  Grayscale Bitcoin ETF Records Over $60 Million In Inflows Grayscale’s Spot Bitcoin ETF has finally broken its 82-day streak of outflows since its launch on January 11, 2024. GBTC saw its first day […]

Bitcoin Spot ETF: SEC Delays Decision On 7RCC’s Eco-Friendly Fund |

7RCC, Bitcoin Spot ETF, ETF, Ether Spot ETF, michael saylor, MicroStrategy, SEC, United States Securities and Exchange Commission (SEC)

The US Securities and Exchange Commission (SEC) has extended its review period on the launch of crypto asset management company 7RCC’s Bitcoin spot ETF (exchange-traded fund).  SEC Extends Deadline For 7RCC’s Bitcoin Spot ETF In a notice published on Thursday, May 2nd, the SEC said it will now decide to approve or disapprove the 7RCC […]

Grayscale Proposes 0.15% Fee For Its Bitcoin Mini Trust Fund: Details |

bitcoin ETF, BlackRock, Eric Balchunas, ETF, Grayscale, SEC

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 […]

Hong Kong ETFs: Issuers Claim Mainland China Funds Cannot Invest In Crypto Products |

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Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program. However, the latest revelations and clarifications […]

Grayscale CEO Reveals When GBTC Fees Will Go Down Amid Concerning Outflows |

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Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem.  GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]

Will He Be Right? Ripple CEO Predicts Crypto Market To Hit $5 Trillion

Altcoins, Bitcoin, Brad Garlinghouse, Crypto, Crypto News, ETF, ripple

The crypto market could be on the cusp of a major boom, according to Brad Garlinghouse, CEO of blockchain company Ripple. In an interview with CNBC, Garlinghouse predicted that the total market capitalization of the crypto market could double by the end of 2024, reaching a staggering $5 trillion. “I’ve been around this industry for […]

Ethereum Spot ETF On Thin Ice? Expert Predicts 25% Approval Odds Amid SEC Silence

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The discussion surrounding approving a spot Ethereum exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) is intensifying as the decision announcement date rapidly approaches. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has shared a rather cautious outlook, estimating the likelihood of an ETH spot ETF receiving the green light at a mere 25%. […]

SEC Delays Decision On Grayscale’s Ethereum ETF – Here’s The New Deadline |

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The United States Securities and Exchange Commission (SEC) has announced an extension – yet again – of the deadline for asset management firm Grayscale’s Ethereum Futures Trust exchange-traded fund (ETF). Initially published for comment in the Federal Register on October 3, 2023, the SEC claims to be extending the deadline to have “sufficient time to […]

Bitcoin Spot ETFs Hits $150 Billion Trading Volume Milestone Amid Market Mayhem — What’s Next?

Bitcoin, bitcoin ETF, Bitcoin Spot ETF, btc, BTCUSDT, Crypto, ETF, Spot ETF

As of the latest data, the US spot Bitcoin Exchange-Traded Funds (ETFs) have surged past a notable milestone, with cumulative trading volume breaching the $150 billion mark on March 19. This development is particularly noteworthy considering the spot ETFs‘ relatively short period in the market, following their approval by the Securities and Exchange Commission (SEC) […]

Vanguard CEO Double Down On Anti-Bitcoin ETF Stance – Details

Bitcoin, btcusd, BTCUSDT, ETF, spot Bitcoin ETF, Vanguard

Vanguard Chief Executive Officer Tim Buckley has once again reiterated the investment giant’s stance against the adoption of spot Bitcoin ETF. In a video release also featuring the company’s Chief Investment Officer Greg Davis, Buckley highlighted reasons backing Vanguard’s decision to be a non-partaker in the bubbling Bitcoin ETF market. Bitcoin Too Volatile, Not Worthy […]

All Eyes On SEC As Spot Ethereum ETF Issuers Gear Up For March Meeting

Bitcoin, Crypto, Crypto News, ETF, ETH, Ethereum, Gary Gensler, News, SEC

The cryptocurrency market is abuzz with anticipation as multiple issuers vie for a spot on the Ethereum ETF landscape. Following the successful launch of spot Bitcoin products, the quest for Ether-based investment vehicles has gained momentum. However, the path ahead is fraught with challenges, as the US Securities and Exchange Commission continues to delay decisions […]

This $30 Billion Investment Firm Has Added Bitcoin Exposure For Its Clients

Bitcoin, Bitcoin Spot ETF, Carson Group, ETF

Carson Group, a $30 billion registered investment advisory firm, recently announced that it is now providing its clients exposure to spot Bitcoin for the first time. Spot Bitcoin exchange-traded funds (ETFs) have become immensely popular even before approval from the SEC in January. These funds allow investors to gain exposure to Bitcoin without actually owning […]