April 18th, 2025
GBTC News - Page 2
Ark Invest Sells Off Shares of Its Own Spot Bitcoin ETF Worth $7.8M
By Bhushan Akolkar
July 25th, 2024
Ark Invest’s current ARKB holdings in the ARKW ETF have a value of $162.5 million.
Grayscale Investments Reduces Sponsor Fee for Its Grayscale Ethereum Mini Trust from 0.25% to 0.15%
By Steve Muchoki
July 19th, 2024
The Grayscale Ethereum Mini Trust (ETH) is now the most competitive in annual sponsor fees, thus triggering a possible fee war ahead.
Spot Bitcoin ETFs See 7th Consecutive Days of Inflow Streak, Reaching $300M Yesterday
By Bena Ilyas
July 16th, 2024
BlackRock’s IBIT emerged as the frontrunner, attracting a staggering $117.25 million in net inflows on Monday, marking it as the most actively traded Bitcoin ETF with $1.24 billion in trading volume.
Spot Bitcoin ETFs See 4th Consecutive Days of Inflow Streak, Reaching $147M Yesterday
By Bena Ilyas
July 11th, 2024
Despite the positive inflows, the overall trading volume on spot Bitcoin ETFs remains considerably lower compared to the peak in March and April 2024, when daily volumes surpassed $12 billion.
Spot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday
By Bena Ilyas
July 10th, 2024
The influx of capital into spot Bitcoin ETFs seemingly coincided with a positive price movement for the underlying asset. Bitcoin rose 2.70% in the past 24 hours.
Bitcoin ETFs See $295M Daily Inflows as Investors Buy Dip
By Chimamanda U. Martha
July 9th, 2024
While the US crypto ETF market recorded impressive daily inflows on Monday, the global sentiment was different. In Hong Kong, Bitcoin spot ETFs saw less than $200 in daily inflows.
Bitcoin Price Dips below $59K Leading to Heavy Altcoin Capitulation, Is Crypto Bull Cycle Over?
By Steve Muchoki
July 4th, 2024
The recent Bitcoin price drop below $59K has increased overall fear of further crypto capitulation despite heightened calls for buy-the-dip.
US Spot Bitcoin ETFs Registered Over $129M in Net Cash Inflows on Monday
By Steve Muchoki
July 2nd, 2024
None of the US-based spot Bitcoin ETFs registered negative cash flow on Monday as BTC price attempts to regain bullish momentum.
US Spot Bitcoin ETFs See Slower Inflows of $12M Despite Positive Streak
By Mayowa Adebajo
June 28th, 2024
Although the intakes are currently happening at a much slower rate than before, these ETFs have still impressed so far.
Bitcoin ETF Outflows Intensify as Fed Refuses to Budge on Rate Cuts
By Bhushan Akolkar
June 18th, 2024
With the Federal Reserve keeping interest rates unchanged to 5.25%, the massive outflows recorded by the US spot Bitcoin ETFs bring the total assets under management (AUM) to under $15 billion.
Bitcoin (BTC) Price Briefly Drops Below $65K Triggering Heavy Crypto Liquidation
By Steve Muchoki
June 18th, 2024
The recent notable cash outflows from US-based spot Bitcoin ETFs have increased overall crypto fear leading to ongoing altcoin selloff.
US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting
By Mayowa Adebajo
June 17th, 2024
The bearish sentiment wasn’t limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months.
Bitcoin ETFs See $226M Outflow, BlackRock Only Fund with Inflows
By Bena Ilyas
June 14th, 2024
Fidelity’s FBTC, the once-hot ETF, bore the brunt of the selling pressure, seeing its second-largest net outflow day ever with $106 million leaving the fund.
Bitcoin ETFs See $101M Net Inflows amid Flat CPI Report
By Bena Ilyas
June 13th, 2024
Even with positive inflation data, the Federal Open Market Committee (FOMC) decided to keep the federal funds rate target range at 5.25% to 5.50% during their June meeting.
Spot Bitcoin ETFs See $200M Outflow before FOMC Meeting
By Bena Ilyas
June 12th, 2024
The upcoming FOMC meeting and the release of actual CPI data could significantly impact investor confidence and influence the net flow trend for Bitcoin ETFs.