April 18th, 2025
GBTC News - Page 4
US Bitcoin ETFs See $66 Million Inflows, Fidelity Leads Pack
By Bhushan Akolkar
May 14th, 2024
With spot Bitcoin ETF purchases slowing down considerably, and even dipping into negative territory on some days, macroeconomic catalysts have gained increased significance recently.
Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows
By Bhushan Akolkar
May 10th, 2024
GBTC’s high management fees at 1.5% continue to hurt Grayscale as revenue of the firm remained flat in Q1 amid high redemptions from Bitcoin ETF.
Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows
By Godfrey Benjamin
May 9th, 2024
Earlier this week, GBTC recorded daily net inflow after a very long time of constantly seeing outflows.
US Bitcoin ETFs Eat into Market Share of Global Bitcoin ETPs
By Bhushan Akolkar
May 8th, 2024
Despite Grayscale GBTC holding the largest BTC reserves, the BlackRock Bitcoin ETF IBIT remains the top choice of institutions.
Grayscale’s Spot Bitcoin ETF Sees Second Day of Positive Flows
By Mayowa Adebajo
May 7th, 2024
The daily trading volume of the US spot Bitcoin ETFs has significantly declined since March.
Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow
By Bena Ilyas
May 6th, 2024
The recent influx of $63 million offers a glimmer of hope for the Grayscale Bitcoin Trust. This positive trend coincides with a broader upswing in the cryptocurrency market.
Spot Bitcoin ETFs See Largest Daily Net Outflows on May 1
By Godfrey Benjamin
May 2nd, 2024
The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs.
Spot Bitcoin ETF Capital Exodus: US Offerings See $51.5M Outflow
By Godfrey Benjamin
April 30th, 2024
Despite these recent outflows, the accumulated total net inflows for the US-listed spot BTC ETF products stand at nearly $60 billion.
BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
By Steve Muchoki
April 26th, 2024
BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT.
Fidelity’s Spot Bitcoin ETF Records Outflow for First Time amid $217M Outflows Yesterday
By Bena Ilyas
April 26th, 2024
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.
Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
By Bena Ilyas
April 23rd, 2024
In an attempt to reverse its fortunes, Grayscale revealed its plan to launch an innovative low-cost version of its GBTC fund named “Grayscale Bitcoin Mini Trust” with just 0.15% fees.
Bitcoin Transaction Fees Plummet after Record High during BTC Halving Event 2024
By Bena Ilyas
April 22nd, 2024
While the Runes launch initially led to a surge in fees, it remains uncertain whether this represents a long-term, sustainable source of revenue for miners.
Spot Bitcoin ETFs See 5th Consecutive Day of Outflow Streak
By Bena Ilyas
April 19th, 2024
Despite recent outflows from Bitcoin ETFs, analyst Eric Balchunas says it’s only 1% of total inflows and calls it “minuscule” in the bigger picture.
Peter Schiff Questions Bitcoin (BTC) Status as Safe Haven, Here’s Reason
By Godfrey Benjamin
April 19th, 2024
With Bitcoin’s recent price surge, it can be inferred that Schiff’s post questioning the leading cryptocurrency’s safe haven status may have been premature.
Bitcoin ETF Sees 4th Consecutive Day of Outflow Streak, Drained $165M Yesterday
By Bena Ilyas
April 18th, 2024
The recent sight of ETF outflow aligns with Bitcoin’s downward trajectory. The cryptocurrency lost 13% of its worth over the past week.