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Tag: Grayscale Bitcoin Trust

Grayscale Bitcoin Trust (GBTC) Faces Continued Outflow Spree

Bitcoin News Grayscale officials cited the trust’s heritage and administration as reasons to justify the fees. Despite the ever-shifting crypto market, GBTC has been unable to...

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World’s First Bitcoin ETF Has Lost 20% of Assets Since BlackRock Approval

The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled to compete with its U.S. counterparts since its January...

Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors

Industry News The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. Genesis settled with the SEC for $21 million recently for its Gemini...

Larry Fink Surprisingly Becomes Super Bullish on Bitcoin as BlackRock’s ETF Now Holds Over 250,000 BTC

Advertisement &nbsp &nbsp In a surprising turn of events, Larry Fink, the CEO of BlackRock,...

Spot Bitcoin ETFs Suffer Worst Week Yet With $890 Million In Outflows – The Defiant

Heavy GBTC sales drove five straight days of outflows.Last week hosted record outflows from spot Bitcoin ETFs, with inflows to newly launched funds failing...

Analyst Anticipates Bitcoin Surge as GBTC Records Mere $170M Outflow

Bitcoin News On March 22, the Grayscale Bitcoin Trust (GBTC) witnessed outflow of a mere $170M. The negative impact on ETF trends may diminish if this...

Peter Schiff’s Warning: Another Bitcoin Crash on the Horizon? 

Over $500 million worth of crypto positions were lost in just 24 hours, sending the crypto markets into a tailspin as BTC prices dropped...

Bitcoin ETFs Break Trading Volume Records Amid Price Volatility

In a remarkable turn of events, the United States spot Bitcoin exchange-traded funds (ETFs) achieved an unprecedented milestone on March 5, with a staggering...

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