SEC Acknowledges Bitcoin ETF Options Request, Invites Public Feedback

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.

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Grayscale, DCG stand against Genesis plan to liquidate $1.6 billion in trust shares

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.

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US Top Brokerage Firm Stalls On Bitcoin Spot ETF Engagement, Here’s Why

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.

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Bitcoin Spot ETF: New Contenders Rack Up Over 150,000 BTC As GBTC’s Dominance Falters

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).

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Fidelity inflows smash Grayscale outflows as $255 million Bitcoin enters US market

Grayscale’s Bitcoin Trust (GBTC) is experiencing a slowdown in outflows, with just under $200 million withdrawn from the fund on Jan. 29.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.

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Week Of Withdrawals: Crypto Funds Lose $500M As Grayscale’s Outflow Wanes

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.

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Global Bitcoin ETP holdings over 900,000 BTC as Grayscale outflows ‘subside’

Crypto investment products saw their second consecutive week of outflow this year, with $500 million leaving the funds, according to CoinShares’ latest weekly report.
Bitcoin dominate
Bitcoin investment products experienced significant outflows last week, with a total withdrawal of $479 million.

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US SEC Initiates Proceedings On Grayscale’s Spot Ethereum ETF, Extends Decision Deadline | Bitcoinist.com

In a significant development for the cryptocurrency market, the United States Securities and Exchange Commission (SEC) has initiated proceedings on Grayscale Investments’ application for a spot Ethereum ETF and extended the decision deadline.

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When Will Grayscale’s Bitcoin Outflows End? Experts Weigh In

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.

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FTX Sheds Nearly $1 Billion In Grayscale Bitcoin ETF: Is This The End Of The BTC Sell-Off Saga?

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.

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FTX’s Trading Arm Drops Lawsuit Against Grayscale

After crypto exchange FTX and its trading arm Alameda Research filed for bankruptcy in November 2022, the failed company has been attempting to recover assets to refund its creditors.

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