Grayscale
Grayscale’s Spot Bitcoin ETF Sees Second Day of Net Inflows
Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]
Spot Bitcoin ETFs Sees 3rd Consecutive Day of Outflow Streak
Spot Bitcoin exchange-traded funds (ETFs) saw crypto investors withdraw funds for the third day straight on April 26th, 2024. According to SoSoValue, over $83 million left these funds that day. The largest Bitcoin fund, GBTC, lost around $82 million alone. Since becoming an exchange-traded fund in January, GBTC has seen investors withdraw a massive $17 billion. Source: […]
BlackRock’s Bitcoin ETF Inflows Fall to Zero, BTC Drops
On April 24, BlackRock’s spot Bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, recorded zero net inflows for the first time since its launch in the United States on January 11. IBIT has continuously attracted millions of dollars in daily investments, totaling about $15.5 billion in just 71 days. Out of […]
SEC Postpones Decision on Spot Ethereum ETF Proposals from Grayscale, BlackRock, and Franklin Templeton
On April 23, the US Securities and Exchange Commission (SEC) postponed its decisions on the Grayscale and BlackRock applications for spot Ethereum (ETH) exchange-traded funds (ETFs). The SEC issued notices of the delay in the Grayscale decision and the amending of the BlackRock application just hours after postponing its decision on Franklin Templeton’s proposed spot […]
ARK Bitcoin ETF Daily Outflows Surpass Grayscale’s GBTC for the First Time
Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses outflows seen from Grayscale’s Bitcoin Trust (GBTC), which recorded $81.9 million on the same day. This […]
Bitcoin ETFs Record $15M in Net Inflows as BTC Surges to $71K
The net aggregate flow of funds to the spot Bitcoin (BTC) exchange-traded funds (ETFs) turned positive for the first time since March 15. According to provisional data published by investment firm Farsid, spot BTC ETFs registered inflows totalling $15.4 million on March 25. This marks a reversal of a trend that led to net outflows […]
SEC Delays Grayscale Ethereum Futures Trust ETF Decision Again
In a recent development, the Securities and Exchange Commission (SEC) has once again delayed its decision regarding the proposed Grayscale Ethereum Futures Trust exchange-traded fund (ETF), as detailed in a recent filing. In the filing published on March 22, the SEC announced an extension of the deadline from March 31 to May 30 to determine whether […]
Grayscale’s Bitcoin ETF Outflows Jump to $1.8B This Week
Crypto asset manager Grayscale’s Bitcoin exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21. This follows a massive week of outflows, with March 18 seeing the largest single-day outflow of $643 million, according to data from Farside Investors. The total outflow from Grayscale’s GBTC for […]
SEC’s Ethereum ETF Approval Delay Adds to Uncertainty
The US Securities and Exchange Commission (SEC) has postponed its decision on the Ethereum spot exchange-traded funds (ETFs) proposed by Hashdex and Ark 21Shares. In a notice filed on Tuesday, March 19, the new deadlines for deciding on the Hashdex and Ark 21Shares Ethereum spot ETFs are May 30, 2024, and May 24, 2024, respectively. […]