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Selling of Grayscale GBTC speeds up while Bitcoin ETF inflows continue to rise, driven by BlackRock
March 1, 2024Grayscale’s GBTC experienced significant outflows of nearly $600 million on Thursday, marking its largest single-day redemption since January 22. However, despite this sell-off, inflows into other spot bitcoin ETFs managed…
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MSTR may be the priciest bitcoin fund, not GBTC
January 22, 2024For many years, Grayscale Bitcoin Trust (GBTC) was the world’s largest publicly traded bitcoin fund. They charged a 2% annual fee to manage up to $30 billion worth of bitcoin….
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Bitcoin struggles below $46K, Ether and Grayscale’s GBTC surge after SEC greenlights Spot Bitcoin ETFs
January 10, 2024Bitcoin (BTC) experienced a volatile day, initially climbing to $46,200 before dropping to $45,000, following the approval of spot-based BTC exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission…