Grayscale Bitcoin Trust Sees Equilibrium amidst $15 Billion Outflows
By
Bena Ilyas
While outflows have decreased from the substantial $600 million observed in March, GBTC continues to face net redemptions.
US Prosecutors Charge Trio with Wire Fraud and Identity Theft in $400M FTX Hack
By
Tolu Ajiboye
The US government is finally resolving the FTX hack as it files charge against three people involve in the phone swap hack.
Bitcoin (BTC) Price Rebounds Above $41K as Grayscale Outflows Slow Down
According to data from BitMEX Research, GBTC witnessed a decrease in outflows, with $394.1 million on January 25, down from $429.3 million on Wednesday and $515.3 million on Tuesday.
BTC Price Tanks to $39,000 Despite Bitcoin ETFs Amassing 100K BTC
Nine new spot Bitcoin ETFs have accumulated over 100,000 BTC, valued at $4 billion AUM. BlackRock’s IBIT leads with 40,213 BTC.
Grayscale’s GBTC Sees $640M Outflow in One Day amid ETF Bear Market
The approval of spot Bitcoin ETFs was anticipated to be a positive catalyst for Bitcoin’s price. However, the reality has been starkly different, with Bitcoin experiencing a decline.
Grayscale CEO Justifies High Fees for Their GBTC Product despite Net Outflows
On-chain data shows that money from GBTC has been flowing into the newly launched spot Bitcoin ETFs amid very low fee structures.
Ark Invest Continues to Trim Holdings in Coinbase (COIN) and GBTC
Amidst the sell-off, Ark Invest has strategically acquired 158,334 shares ($12.1 million) in Jack Dorsey’s Block Inc for its Next Generation Internet ETF.
Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange
By
Tolu Ajiboye
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH.
Cathie Wood’s Ark Invest Offloads $5.3M in Coinbase Holdings and Acquires $1.2M Worth of Robinhood Shares
By
Tolu Ajiboye
Ark Invest seems to be rearranging its investment portfolio and has continued to sell huge amounts of Coinbase, while acquiring Robinhood shares.
Grayscale Seeks SEC Approval to Convert Ethereum Trust into Spot ETF
If approved, the move marks a significant step towards providing investors with transparent and regulated access to crypto within familiar product structures.