April 18th, 2025
GBTC News - Page 6
Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow
By staff writer
March 5th, 2024
The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency.
Grayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion
By Benjamin Njiri
March 5th, 2024
Before the conversion on January 11, GBTC held 624.28K BTC but this amount has since dropped to 434.36K BTC as of March 4.
BofA’s Merrill and Wells Fargo to Offer Spot Bitcoin ETFs to Clients
By Bhushan Akolkar
March 1st, 2024
A representative from Wells Fargo has verified that spot Bitcoin ETFs have been accessible for unsolicited purchases post-SEC approval.
Grayscale Urges SEC to Let Users Trade Options on Its GBTC ETF
By Tolu Ajiboye
March 1st, 2024
Grayscale CEO Sonnenshein ask the SEC to approve options for GBTC, adding that the Commission has already approved same for futures ETFs.
Bitcoin Demand Shock: Spot BTC ETF Volumes Explode to Record $7.69B
By Benjamin Njiri
February 29th, 2024
Bloomberg ETF analyst Eric Balchunas noted that the overall record-breaking trading volumes weren’t restricted to spot ETFs alone.
BlackRock’s IBIT Records Second Consecutive Day of Massive Trading Volume
By Godfrey Benjamin
February 28th, 2024
The enthusiasm for Bitcoin-related ETFs was further underscored by data indicating that US-listed spot Bitcoin ETFs collectively traded over $2 billion.
Bitcoin Spot ETFs Register Record-Breaking Daily Inflows of Over $500M
By staff writer
February 27th, 2024
Since the launch of ETFs, Bitcoin (BTC) has broken above all the significant levels and might be targeting a new all-time high.
Nine Bitcoin ETFs Combined Clock $2B Daily Trading Volume, Inflows at $135M
By Bhushan Akolkar
February 21st, 2024
The VanEck spot Bitcoin ETF (HODL) trading volumes spiked by 2,200% on Tuesday as it intends to lower its offering fees from 0.25% to 0.20%, as per regulatory filings.
VanEck Slashes Spot Bitcoin ETF Fee from 0.25% to 0.20% to Obtain Competitive Edge
By Steve Muchoki
February 16th, 2024
The majority of US spot Bitcoin ETF issuers have set their sponsor fee between 0.19% and 0.25%, but the high competition could easily cause further lowering in the near term.
Genesis Global Receives Court Approval to Sell $1.6B Worth of Grayscale Shares
By Tolu Ajiboye
February 15th, 2024
Genesis now has legal approval to sell $1.6 billion in Grayscale shares, including GBTC and ETHE, even though DCG disagrees.
Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
By Tolu Ajiboye
February 13th, 2024
The inflow recorded by spot Bitcoin ETFs nearly surged to $500 million yesterday, as the price of Bitcoin hit a level not seen for 2 years.
Digital Currency Group Reports $210M in Q4 2023 Revenue as Valuation Tops $4.4B
By Steve Muchoki
February 13th, 2024
Digital Currency Group repaid more than $1 billion in debt during Q4 2023 as the litigation between DCG’s Genesis and the Gemini crypto exchange continues.
Spot Bitcoin ETF Attracts $403M in Net Inflows on February 8
By Godfrey Benjamin
February 9th, 2024
The surge in net inflows into Bitcoin ETFs reflects a growing acceptance and integration of Bitcoin into mainstream investment portfolios.
Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings
By Steve Muchoki
February 9th, 2024
The several spot Bitcoin ETFs excluding Grayscale Investments now hold about 192k Bitcoins compared to MicroStrategy’s 190k according to its latest quarterly report.
Spot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads
By Bhushan Akolkar
February 8th, 2024
BlackRock and Fidelity continues to see inflows for their spot Bitcoin ETFs eating the market share from Grayscale as GBTC continues to bleed amid high management fees.