Bitcoin News / Bitcoinist - 1 year ago
After seven consecutive weeks of inflows totaling $12.3 billion, the cryptocurrency market saw a significant shift. CoinShares reported roughly $942 million in outflows in its latest report, marking the first outflow following the notable inflow stre...
Bitcoin News / Bitcoin.com - 1 year ago
Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although...
Bitcoin News / Bitcoin.com - 1 year ago
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,1...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchang...
Bitcoin News / Google News Bitcoin - 1 year ago
Binance Labs shifts focus to Bitcoin DeFi, MarginFi sees $200M of outflows: Finance Redefined& & Cointelegraph
Bitcoin News / Bitcoinist - 1 year ago
Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to ove...
Bitcoin News / Bitcoinist - 1 year ago
Solana continues to be on the news, this time due to some projects based on the chain having a dispute. Solana-based lending and borrowing protocol MarginFi has recently been “beefing” with Solend, another lending protocol, and SolBlaze, a liquid sta...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193...
More / Bitcoin Reddit - 1 year ago
This is the first day, (Wednesday April 10th) where I have seen less than 500BTC sells by Grayscale. In fact it was way well under 500.. Only ₿248, two hundred forty eight bitcoin, were sold yesterday by GBTC ETF. Data source Is this a big deal? I h...