Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled – Yahoo Finance
Written by Suzanne McGee (Reuters) – Bitcoin continued to fall on Tuesday with record outflows from Grayscale’s Bitcoin Trust, accelerating the fund’s asset losses since converting to an exchange-traded fund this year. On Monday, when Bitcoin fell about 4%, the Grayscale ETF hit a record single-day outflow of $642.5 million, according to data from BitMEX […]
SEC Meets with Coinbase, Grayscale to Discuss Ethereum ETFs – BeInCrypto
Representatives from the U.S. Securities and Exchange Commission (SEC) recently held discussions with Coinbase and Grayscale regarding the pending Spot Ethereum Exchange Traded Fund (ETF). While Coinbase made a presentation to financial regulators about the Ethereum ETF, Grayscale focused on the potential listing of the Grayscale Ethereum Trust on NYSE Arca. Coinbase, Grayscale discuss Ethereum […]
Fidelity Bitcoin ETF rakes in reported $208M, offsetting Grayscale outflows alone – Cointelegraph
Fidelity’s Spot Bitcoin (BTC) exchange-traded fund (ETF) recorded $208 million in daily inflows on January 29th, the first time it has received an inflow from the Grayscale Bitcoin Trust outside of its launch date. It is reported that the amount exceeded the outflow. According to provisional data According to Farside Investors, Fidelity’s inflows into FBTC […]
Grayscale CEO says most of the 11 approved bitcoin ETFs won't survive, defends highest fees in industry – CNBC
Michael Sonnenschein attends the 2022 Forbes Iconoclasm Summit held at the New York Historical Society on November 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Michael Sonnenshein, CEO of Grayscale Investments, told CNBC: largely [says all 11 in the headline, summary and key point though] Some of the approved […]
Grayscale drops MATIC, adds AVAX, XRP in funds rebalance – Cointelegraph
Asset management company Grayscale has rebalanced its three crypto funds, removing tokens such as Polygon (MATIC) and adding Avalanche (AVAX) and XRP (XRP). according to To be announced on January 5th. The new allocations are part of Grayscale’s quarterly review and impact the Digital Large Cap Fund (GDLC), DeFi Fund (DEFG), and Smart Contract Platform […]
Grayscale, VanEck and ARK Bitcoin ETFs Register to Trade on Exchanges – Decrypt
The three companies vying to offer spot Bitcoin ETFs in the U.S., Grayscale, VanEck, and ARK, have received approval to trade the funds on their respective exchanges. Grayscale Bitcoin Trust, a Bitcoin investment vehicle for accredited investors, currently trades as a commodity investment product on OTCQX under the ticker GBTC. If Grayscale's bid to convert […]
Grayscale in talks with JPMorgan, Goldman Sachs for Bitcoin ETF role: Report – Cointelegraph
Crypto asset management firm Grayscale Investments is reportedly in talks with firms including JPMorgan and Goldman Sachs for a potential role in a proposed Spot Bitcoin (BTC) exchange-traded fund (ETF). Discussions are underway. bloomberg report Grayscale announced on January 4 that it had held discussions with both investment banks about the role, citing sources familiar […]
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources – CoinDesk
Goldman Sachs, a well-known investment bank on Wall Street, will play a key role in the Bitcoin ETF that BlackRock and Grayscale want to introduce in the U.S., according to two people familiar with the matter. It is said that there is a high possibility. The company is in talks to become an authorized participant […]
Grayscale Bitcoin ETF: Here’s What’s in the Latest SEC Filing – Decrypt
Crypto asset management firm Grayscale has once again amended its Bitcoin exchange-traded fund (ETF) filing with the Securities and Exchange Commission, but it is missing key parts. In the latest amendment, Grayscale did not say who would partner with it as an authorized participant. In the world of ETFs, an authorized participant is an entity […]