While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock’s iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has $18.1 billion in assets, versus […]
BTC drifted lower during the day from $64,000 over the weekend, slipping briefly to $61,800 before recovering to just near $63,000 at U.S. afternoon hours. The largest crypto by market value was recently changing hands […]
Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on […]
Grayscale’s GBTC appeared over a decade ago, originally offered through a private placement. In mid-2015, the shares began trading publicly on an over-the-counter basis. This continued until January 2024 when GBTC uplisted to NYSE Arca […]
Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the […]
Stone X Group’s chief strategist, Kathryn Vera, gave a presentation at the Miami conference, stating that bitcoin won’t be a reserve currency – economics jargon for a currency like the dollar, euro or yuan held […]
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