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

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

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 […]

BlackRock’s Bitcoin ETF Broadens Reach, Securing 5 New Wall Street Banking Giants As APs | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency

In recent times, the increasing appeal of Bitcoin (BTC) among asset managers and traditional finance (TradFi) institutions has gained significant attention, particularly with the notable success of Bitcoin ETF products offered by industry leaders like BlackRock, Grayscale, and Fidelity.  This success has prompted more Wall Street banking institutions to eagerly enter the newly approved ETF […]

Bitcoin ETF: Morgan Stanley “Salty” As UBS Joins The Race

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banking competition, Bitcoin, bitcoin ETF, Bitcoin News, btc, BTCUSDT, Crypto, Morgan Stanley, UBS

Institutional interest and adoption significantly increased after Spot Bitcoin ETFs (exchange-traded funds) were approved in the US. As a result, Morgan Stanley and UBS have entered a race to add crypto products to their platforms. Morgan Stanley Meets Competition As reported by Bitcoinist, the news was broken by crypto commentator Andrew from Arch Public on […]

Goldman Sachs Maintains Crypto Skepticism Amid Contradictory Actions And Bitcoin ETF Surge | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, goldman, goldman sachs

In a recent interview, Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs Wealth Management, expressed her skepticism towards cryptocurrencies, including Bitcoin (BTC).  Despite the notorious growth in trading volume and institutional adoption of Bitcoin through the approved spot Bitcoin exchange-traded funds (ETFs), Mossavar-Rahmani emphasized that Goldman Sachs does not consider cryptocurrencies a legitimate investment […]

Bitcoin ETF Issuer VanEck Dives Into Stablecoin Market, Must-Know Facts Revealed | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Stablecoin, Stablecoin market, vaneck, VanEck Bitcoin ETF

In a move highlighting the growing interest in the stablecoin market, Nick Van Eck, son of investment management veteran Jan Van Eck, is making a significant bet on cryptocurrencies through the family business.  Agora, a startup co-founded by spot Bitcoin exchange-traded fund (ETF) manager firm VanEck, along with crypto veterans Drake Evans and Joe McGrady, […]

Grayscale Unveils New Staking-Focused Income Fund Exclusively For High Net-Worth Individuals | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin Grayscale, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Grayscale, Grayscale Bitcoin ETF, Grayscale Bitcoin Trust ETF, Grayscale fund, Grayscale news

Asset management firm and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has unveiled its latest offering, the “Dynamic Income Fund” (GDIF), designed to focus on investments in proof-of-stake tokens. Grayscale Launches Dynamic Income Fund This actively managed investment product seeks to optimize returns through staking rewards associated with proof-of-stake digital assets, according to the asset […]

Bitcoin Futures Approved For Trading On Brazil’s B3 Exchange, Launching April 17 | Bitcoinist.com

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Bitcoin, Bitcoin Brazil, bitcoin ETF, Bitcoin News, bitcoin price, BlackRock, BlackRock Bitcoin ETF, BlackRock news, Brazil crypto, Brazil news, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency

In response to the global demand for Bitcoin-related products, Brazil has seized the opportunity to capitalize on the momentum surrounding the leading cryptocurrency.  According to a Reuters report, Brazilian exchange operator B3 announced on Thursday that it has received approval from Brazil’s securities regulator to offer Bitcoin futures trading, which is expected to begin on […]

Crypto Shockwave: Nearly $1 Billion Vanishes From Global Funds In Historic Outflow

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bitcoin ETF, btc, BTCUSDT, CoinShares, Crypto, Crypto Funds, Crypto News, ETFs, Outflow, solana

Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week inflow streak that had cumulatively amassed $12.3 billion. A Closer Look At The Outflows The magnitude of these […]

Bitcoin ETF Buzz In UK: Kraken Executive Pushes For Market Access

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Bitcoin, bitcoin ETF, btc, UK

The simmering debate over Bitcoin exchange-traded funds (ETFs) in the UK has reignited, with industry leaders calling for wider access for investors. This comes on the heels of the US Securities and Exchange Commission (SEC) approving Bitcoin ETFs in January, sparking a surge in investment and renewed calls for a similar move by the UK’s […]

Spot Bitcoin ETF Issuer WisdomTree Receives Approval For Crypto App Launch In New York | Bitcoinist.com

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Bitcoin, bitcoin ETF, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto regulation, wisdomtree

In a significant development, spot Bitcoin exchange-traded fund (ETF) manager WisdomTree, has been granted a trust company charter by the New York State Department of Financial Services (NYDFS), marking another regulatory victory for the company following its ETF approval by the US Securities and Exchange Commission on January 10.  This regulatory win allows the company […]

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

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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) […]

Goldman Sachs Remains Bullish On Bitcoin Despite 18% Price Dip: Key Reasons Why | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, goldman sachs

Retail investors have been the primary driving force in the recent rise of Bitcoin and cryptocurrency prices in general. However, institutional investors are now beginning to enter the market, according to Mathew McDermott, the head of digital assets at Goldman Sachs.  Bitcoin Rally Cools Down  Speaking at the Digital Asset Summit (DAS) conference in London, […]