Grayscale’s Total AUM Increases to $49.2 Billion as Bitcoin Breaks Above $62k
As the interest in digital assets spikes, Grayscale’s total AUM is becoming one of the fastest-growing trusts in the in industry.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
As the interest in digital assets spikes, Grayscale’s total AUM is becoming one of the fastest-growing trusts in the in industry.
JPMorgan says that the widening gap between the Bitcoin spot price and the futures price is an indication institutional investors are yet to fully access the cryptocurrency market.
On some level, the Coinbase Nasdaq listing solves this problem for Bitcoin. Upon listing, traditional investors would have indirect access to the crypto sector through the Coinbase platform.
Many believe that Ethereum is still undervalued looking at the real-world utility of its blockchain.
The Simpsons have ignited discussions around Bitcoin again. This time, the 31-year-animated sitcoms showed the digital asset going to infinity. Will they be right about this?
In the SEC filing, Galaxy Digital said that shares of its Bitcoin ETF will list on the NYSE Arca Exchange. Besides, the Bitcoin ETF will follow the Bloomberg Galaxy Bitcoin index for pricing mechanism.
Scott Melker is more optimistic and bullish on Ethereum rather than Bitcoin. Using ETH is not easy, but “the amount of building that’s happening on Ethereum, the amount that was staked in an Ethereum 2.0” demonstrates that Ethereum is performing exceptionally well.
The crypto industry has enjoyed new levels of adoption from big traditional firms like Morgan Stanley, Tesla, Meitu, Goldman Sachs, and a host of others that are now opening their platforms for digital assets.
Moreover, Robinhood said that its team had expanded more than three times since 2021 began.
Explaining their reason for adding more Bitcoin to its holdings, Meitu revealed that their decision was influenced by the utility of Bitcoin and the ability of blockchain technology to take over from the financial and the technology industry.
The sum of the deal between Riot Blockchain and Whinstone totals $651 million, $80 million of this amount will be paid in cash.
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The success of Bitcoin in the global market has given the Chinese more power over the United States, according to Thiel.
As per the press release, Riot will start receiving S19j Antminers this year already.
According to Bloomberg, Bitcoin price has an upper hand in comparison to Gold based on underlying factors.