Mar 06 2024
Between January 11-21, the Grayscale Bitcoin Trust (GBTC) dominated the spot ETF market, commanding over 50% of trade volumes. However, recent data by Kaiko revealed a significant decline in its share, dropping to approximately 30% last week. Since the introduction of spot Bitcoin ETFs earlier this year, GBTC has experienced substantial outflows, resulting in its …
Feb 24 2024
The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar in December and aligns with the SEC’s recent trend of pushing back deadlines for Ethereum …
Feb 16 2024
Eight Bitcoin ETFs’ daily inflows hit 12,073 BTC worth $590 million on February 13, with BlackRock’s iShares leading in those numbers. Meanwhile, Grayscale outflows slowed to only 1,147 BTC, worth $56 million after weeks of high outflows. The eight BitcoinETFs currently hold 227,986 BTC since their approval on January 10. However, when includinggrayscale, the total …
Feb 16 2024
Ark Invest reported that its ARKB ETF had crossed $1 billion in Bitcoin holdings. The milestone was also commented on by Bloomberg ETF analyst James Seyffart. According to , Ark 21Shares did indeed have a big day with $135.5 million in BTC inflows. Fidelity also had a with $188.4 million, the highest for the firm …
Mar 19 2023
Grayscale presented its first oral arguments in its lawsuit with the Securities and Exchange Commission (SEC) on Tuesday. CEO Michael Sonnenshein walked away feeling “very encouraged.” The executive spoke on Wednesday about the crux of Grayscale’s argument and why the SEC’s refusal to approve a Bitcoin spot ETF is “arbitrary and capricious” After approving the …