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 Snap Outflows Streak, Accumulate $15.4M – CoinDesk
Spot Bitcoin listed on Nasdaq (Bitcoin) Exchange-traded funds (ETFs) recorded total inflows of $15.4 million on Monday, ending a five-day streak of outflows, according to preliminary data. Issuer Investment company Farside. Fidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT with $35.5 million. Other funds such as BITB, BTCO, EZBC and BRRR […]
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 […]
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 […]
Bitcoin Scales Higher on ETF-Led Demand Despite Outflows at GBTC – Yahoo Finance
(Bloomberg) — There appears to be little in the way of Bitcoin’s current rally. The largest cryptocurrency rose for a second straight day, nearing record highs on hopes of strong demand for exchange-traded funds (ETFs) earlier in the week. Most Read Articles on Bloomberg The most liquid token rose to $64,279, the first time it […]
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 […]
BlackRock Bitcoin ETF passes $2B holdings as GBTC outflows dip 50% – Cointelegraph
Bitcoin (BTC) was stuck at $42,000 in Wall Street trading on January 29 as new exchange-traded funds (ETFs) began to outflow. BTC/USD 1 hour chart. Source: TradingView Bitcoin ETF comfortably absorbs GBTC outflows Data showed that BTC price trend continues to retreat from the local high of $42,800 seen over the weekend. Fresh off a […]
Bitcoin ETFs post $76 million in net outflows on 'bad' seventh day of trading – Cointelegraph
The Spot Bitcoin (BTC) exchange-traded fund (ETF) recorded net outflows of $76 million in its seventh day of trading, according to new data from Bloomberg ETF analyst James Seifert. In a Jan. 23 post on He pointed out that Latest news: BlackRock numbers released. #bitcoin ETF Coin Tacky Derby. Day with the third highest inflow […]