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 […]
Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain […]
On Feb. 15, Genesis received permission from a New York bankruptcy court to sell the nearly 36 million shares in GBTC, as well as additional shares in two Grayscale Ethereum trusts. At the time of […]
Bitcoin remains under pressure when writing on April 2. However, one optimistic analyst points to a potential breakout above a formation that could propel the price to $80,000. Will Bitcoin Breakout Higher From The Pennant? […]
A crypto analyst on X is confident that Bitcoin has bottomed and is poised for major gains in the sessions ahead. Interestingly, the bullish outlook hinges on the Bitcoin market cap retesting all-time highs at press time. […]
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 […]
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