The US Securities and Exchange Commission (SEC) has invited public comments on the potential introduction of Bitcoin spot ETF options trading. This development has drawn much reaction from the financial market, with experts predicting that the regulatory body could grant approval as early as March.Read more
Privacy-centric digital asset ZCash surged by roughly 15% after reports surfaced that Grayscale Investments had filed for a privacy-focused exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC).Read more
Crypto firm Digital Currency Group (DCG) and Grayscale objected to bankrupt lender Genesis‘ move to divest its assets, including Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), shares worth approximately $1.Read more
LPL Financial, the largest independent broker-dealer in the United States, is delaying its involvement in the Bitcoin spot ETF market as it awaits the result of an assessment of the novel exchange-traded products (ETPs) performance.Read more
The recent launch of spot Bitcoin ETFs (Exchange Traded Funds) has sparked a surge in investment, with capital flows surpassing gold ETFs over the past two weeks, according to Bitwise CIO Matt Hougan.Read more
A significant shift has occurred in the US spot Bitcoin exchange-traded funds (ETFs) sector. The latest data from K33 Research has revealed an accumulation of Bitcoin assets by the newly launched spot Bitcoin ETFs, excluding Grayscale’s Bitcoin Trust (GBTC).Read more
Fidelity’s Spot Bitcoin ETF, FBTC, recorded an impressive amount of inflows on January 29 (Day 12 of trading). Notably, the figure alone was enough to overshadow the outflows recorded by Grayscale’s GBTC.Read more
Grayscale’s Bitcoin Trust (GBTC) is experiencing a slowdown in outflows, with just under $200 million withdrawn from the fund on Jan. 29.
Data from BitMEX Research indicates a total outflow of around $192 million during this reporting period.
The crypto market, particularly Bitcoin, has recently experienced significant outflows. According to a recent report from CoinShares, digital asset investment products worldwide saw net outflows of $500 million last week.Read more
The CEO of the on-chain analytics firm CryptoQuant has suggested that Grayscale’s recent Bitcoin selling may not be behind the latest downtrend.Read more
Outflows from the Grayscale Bitcoin ETF (GBTC) continue to be the dominant story of the market. The numbers of outflows continue to be enormous. Yesterday, on Tuesday, $515 million flew out of GBTC, for a total of $3.96 billion. Meanwhile, the “newborn 9” saw $407 million in flows.Read more
Blockchain research platform Arkham Intelligence has revealed the on-chain addresses of several Bitcoin Spot Exchange-Traded Funds (ETFs), in the pursuit of transparency within the crypto community.Read more
FTX, a now-defunct crypto exchange, has reportedly sold off its stake in Grayscale Bitcoin Trust (GBTC). Recent reports indicate that FTX liquidated approximately 22 million shares, valued at nearly $1 billion, effectively reducing its GBTC ownership to zero.Read more