Bitcoin ETF Outflows Nearing Equilibrium: Grayscale Chief

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The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode of Inside ETFs, Sonnenshein delved into the challenges and transformations faced by the GBTC. Grayscale Investments has been […]

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

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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 […]

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 […]

SEC Acknowledges Bitcoin ETF Options Request, Invites Public Feedback

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The US Securities and Exchange Commission (SEC) has invited public comments on the potential introduction of  Bitcoin spot ETF options trading. This development has drawn much reaction from the financial market, with experts predicting that the regulatory body could grant approval as early as March.  NYSE Files For Bitwise, Grayscale’s Bitcoin Spot ETF Options In […]

US Top Brokerage Firm Stalls On Bitcoin Spot ETF Engagement, Here’s Why

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LPL Financial, the largest independent broker-dealer in the United States, is delaying its involvement in the Bitcoin spot ETF market as it awaits the result of an assessment of the novel exchange-traded products (ETPs) performance. This development was revealed by the company’s chief of wealth management solutions, Robb Pettman, in an interview published by Bloomberg […]

Bitcoin Spot ETF: New Contenders Rack Up Over 150,000 BTC As GBTC’s Dominance Falters

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A significant shift has occurred in the US spot Bitcoin exchange-traded funds (ETFs) sector. The latest data from K33 Research has revealed an accumulation of Bitcoin assets by the newly launched spot Bitcoin ETFs, excluding Grayscale’s Bitcoin Trust (GBTC). Within 13 days of trading, these new spot ETFs have collectively racked up over 150,000 BTC […]

Week Of Withdrawals: Crypto Funds Lose $500M As Grayscale’s Outflow Wanes

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The crypto market, particularly Bitcoin, has recently experienced significant outflows. According to a recent report from CoinShares, digital asset investment products worldwide saw net outflows of $500 million last week. These outflows predominantly stemmed from Grayscale’s converted spot Bitcoin exchange-traded fund (GBTC), though its impact seems to be diminishing with daily outflows reducing progressively throughout […]

Ark Invest Offloads GBTC Shares As Bitcoin Spot ETF Brews On Horizon |

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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. […]

Bitcoin ETF Approval Imminent: SEC Poised To Give Go-Ahead, Bloomberg Analyst Says |

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As the eagerly anticipated deadline for Bitcoin ETF applications approaches, there are growing expectations that the US Securities and Exchange Commission (SEC) is prepared to approve spot Bitcoin ETFs.  However, Bloomberg’s ETF expert, Erich Balchunas, has shed light on a potential catch, revealing that the SEC will likely require clear language regarding cash-only creations and […]

Grayscale Explains How Bitcoin Price Could Be Bolstered By Supply Dynamics In 2024 |

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Bitcoin and its price prospects in 2024 have been one of the primary subjects of discussion in the cryptocurrency space over the past few months. Grayscale is among the latest entities to discuss the premier cryptocurrency and speculate on its valuation in the fast-approaching new year. The crypto asset manager has offered a unique insight […]

GBTC Premium Drops To 2-Year High, Time For Spot Bitcoin ETF? |

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The largest Bitcoin trust in the world, the Grayscale Bitcoin Trust (GBTC) has been closing ranks around its premium over the last year. After hitting an all-time low of -48.89% in December 2022, the gap has been effectively closed to the point that it has reached a two-year high. GBTC Premium Sitting At -10.35% The […]

SEC To Greenlight Spot Bitcoin ETF Nov. 2? Lawyer Spots Clue

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Scott Johnsson, a notable attorney from Davis Polk, has shed light on a potential clue regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) on November 2. The speculation arises following the SEC’s decision not to contest the US Court of Appeals for the District of Columbia Circuit’s […]