SEC again delays decision on Grayscale’s Bitcoin ETF
The Securities and Exchange Commission is once again inviting the public to comment on whether a spot Bitcoin ETF presents a material risk to investors. Go to Source Powered by WPeMatico
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Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs, and Countries — Treasuries … Read more
First US Bitcoin ETF a ‘dud’ in 2021 as GBTC discount stays near record lows
There’s little to smile about when it comes to institutional participation in Bitcoin as the end of the year, data shows. Go to Source Powered by WPeMatico
Biggest GBTC discount ever — 5 things to watch in Bitcoin this week
Uncertainty across the board means an unusual end to a bull market Q4 for Bitcoin this year, but a price floor may be closer than many think. Go to Source Powered by WPeMatico
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.” … Read more
Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November
Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes … Read more
Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40 billion AUM
Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry. Go to Source Powered by WPeMatico
GBTC delivered better returns than Bitcoin ETFs last week
Grayscale’s flagship Bitcoin fund had no competition from the newly-launched ETF products in their first seven days, figures show. Go to Source Powered by WPeMatico
Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry
Bitcoin’s surge to $67,000 has given bulls an advantage in Friday’s $1.8 billion BTC options expiry. Go to Source Powered by WPeMatico
Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. Go to Source Powered by WPeMatico
