Grayscale CEO Michael Sonnenshein steps down – Cointelegraph
Michael Sonnenshein is stepping down from his position as CEO of Grayscale Investments LLC. Barry Silbert, founder and CEO of Digital Currency Group, Grayscale’s parent company, said Sonnenschein will be succeeded by a former Goldman Sachs employee on Aug. 15. Executive Peter Mintzberg will assume the position. Silbert I have written X Posted on May […]
Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale – Decrypt
We do the research so you can get the alpha! Get exclusive reports and access key insights on airdrops, NFTs, and more! Subscribe to Alpha Report now and get ahead of the game! Go to alpha report of grayscale Bitcoin Trust has been bleeding for 78 consecutive days, with more than $17 billion in Bitcoin […]
Traders rush to short Ether as Grayscale pulls its futures ETF plan – Cointelegraph
Ether traders piled up short positions in the past 24 hours, just as Grayscale Investments withdrew its application to the Ethereum Futures Exchange Traded Fund (ETF). Ether (ETH) is hovering around the major support level at $3,010, down 1.85% over the past 24 hours. according to To CoinMarketCap data. However, traders are increasingly confident that […]
Bitcoin ETF: Grayscale records its first inflows of $63 million! – Cointribune EN
3:00 ▪ 3 Minimum read time ▪ up to Eddie S. In the ever-volatile world of cryptocurrencies, prevailing winds can quickly change direction. Grayscale’s remarkable resurgence in the Bitcoin ETF market is proof of that. After enduring nearly four months of outflows from his flagship GBTC fund, the New York-based firm has made a sensational […]
SEC Punts on Ethereum ETF Proposals From Grayscale and Franklin Templeton – Decrypt
The U.S. Securities and Exchange Commission has delayed a decision on a Spot Ethereum exchange-traded fund (ETF) proposal from both Grayscale Investments and Wall Street giant Franklin Templeton. In two filings on Tuesday, regulators Said It will take more time to consider proposals from top fund managers. Both companies and many other fund managers hope […]
Grayscale GBTC's outflows linked to Genesis' bankruptcy proceedings: Arkham Intelligence – Crypto Briefing
Share this article Grayscale Bitcoin Trust (GBTC) has been facing a wave of declines in recent weeks.According to Arkham Intelligence, this fire sale is likely related to Genesis’ bankruptcy. Procedures to be carried out to resolve obligations with victims of the Gemini Earn program. Arkham Intelligence noted that Genesis has redeemed more than 32,000 Bitcoin […]
Bitcoin ETFs Lose Ground Again as Over $302 Million Leaves Grayscale Trust – Decrypt
After ending March with a decline and a slow recovery, net inflows into Bitcoin exchange-traded funds (ETFs) started the week in the red. Yesterday’s investment value was negative, with outflows of $85.7 million (BitMEX Research data) show. More than $100 million flowed into popular new funds for the third day in a row last Thursday, […]
Grayscale sees Ether ETF approvals despite SEC 'lack of engagement' – Cointelegraph
Grayscale is confident its Spot Ether (ETH) exchange-traded fund will be approved in May, despite recent “chatter” that U.S. securities regulators are “not engaging” with applicants. “I don’t think the lack of regulatory involvement is indicative of any consequences.” […] I personally am not daunted by that and believe that ETFs should be approved. ” […]
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week – Yahoo Finance
Written by Suzanne McGee and Hannah Lang (Reuters) – Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, according to BitMEX Research data, while the U.S. spot Bitcoin exchange-traded fund (ETF) group posted a There was a net outflow. Since the U.S. Securities and Exchange Commission approved new crypto ETFs in January, there has […]
Bitcoin tumbles from record high as Grayscale ETF outflows hit $12bn – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bitcoin has fallen 16% from last week’s all-time high, reversing the influx of money into new equity markets that had driven this year’s huge rally. The world’s largest cryptocurrency, which reached $73,800 last Thursday, fell to $60,760 […]