April 18th, 2025
GBTC News - Page 5
GBTC Leads Spot Bitcoin ETFs Third Consecutive Day of Outflows Streak
By Bena Ilyas
April 17th, 2024
Spot Bitcoin exchange-traded funds have seen steady trading volumes in April after reaching a peak in early March, maintaining solid activity around $215 billion.
Grayscale Bitcoin ETF Dominance Slips to 37% amid Capital Flight
By Godfrey Benjamin
April 16th, 2024
GBTC’s decline coincides with a recent downturn in the crypto market, resulting in Bitcoin price falling drastically.
Grayscale’s GBTC Daily Outflow Hits Record Low of $18M as Bitcoin Price Regains $70k
By Steve Muchoki
April 11th, 2024
Grayscale CEO is confident of more investors adopting Bitcoin ETF especially after the US SEC approves Grayscale Bitcoin Mini Trust with lower sponsor fees.
Grayscale Bitcoin Trust Sees Equilibrium amidst $15 Billion Outflows
By Bena Ilyas
April 10th, 2024
While outflows have decreased from the substantial $600 million observed in March, GBTC continues to face net redemptions.
Ripple CEO Predicts Crypto Market Will Double to $5T by End of Year
By Tolu Ajiboye
April 8th, 2024
According to the Ripple CEO, Bitcoin ETF market and the network’s upcoming halving will spike the crypto market by 100% this year.
Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
By Bhushan Akolkar
April 2nd, 2024
While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows.
US Spot Bitcoin ETFs Rebound with $418M Inflows after Outflows Streak
By Bena Ilyas
March 27th, 2024
The Bitcoin ETF market continues to see new competitors. Hashdex, a crypto asset management firm, announced its futures fund’s transformation into a spot product.
Grayscale’s BTC Holdings Drop Further to 42.3% as Outflows Persist
By Benjamin Njiri
March 22nd, 2024
Grayscale’s BTC holding was down to 361.79K, from 624.28K Bitcoins it held by January 11, before ETF conversion.
Spot Bitcoin ETFs Outflows Surge to $742M in Three Days, GBTC Bleeds
By Bhushan Akolkar
March 21st, 2024
Despite the strong outflows from Bitcoin ETFs, Bitcoin price bounced back above $67,000 following the dovish stand by the Fed. Analysts remain hopeful before the Bitcoin halving next month.
Spot Bitcoin ETFs Registered Record Net Outflows on Tuesday Fueled by Grayscale’s Accelerated Dumps
By Steve Muchoki
March 20th, 2024
Grayscale’s GBTC cash outflow is expected to continue in the coming weeks despite the recent move to save its clients.
Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows
By Bhushan Akolkar
March 19th, 2024
Grayscale’s Sonnenshein justified high fees due to GBTC’s liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives.
Bitcoin to See Positive Demand Shock as RIAs Eye Crypto, Analyst Says
By Godfrey Benjamin
March 19th, 2024
Butterfill stated that since the launch of spot Bitcoin ETFs in the US, the average daily demand for Bitcoin has increased to 4500 on trading days, while only approximately 921 new Bitcoin are produced each day.
VanEck’s HODL Spot Bitcoin ETF Receives Record Inflow of $119M after Waiving Management Fee
By Tolu Ajiboye
March 13th, 2024
Fortunately for VanEck, its decision to crash management fees to 0% until next year attracted record inflow for the company.
Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees
By Marco T. Lanz
March 12th, 2024
Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC’s current fee.
VanEck Waiving Bitcoin ETF Trading Fees until Assets Cross $1.5B
By Tolu Ajiboye
March 12th, 2024
Despite a recent fee reduction, VanEck will begin a complete fee waiver from today until next year if HODL does not hit $1.5 billion in AUM.