Fri, March 29

Bitcoin Surges Over $70,000 on Back of Rising ETF Inflows

Bitcoin (BTC) surged past the $71,000 mark, marking a strong start to the week following a brief dip in prices last week. The renewed bullish sentiment has been fueled by increased investor interest, with net inflows into Bitcoin exchange-traded funds (ETFs) again turning positive. According to Spot on Chain’s report,

March 26, 2024 1 min read

Will BlackRock’s Bitcoin ETF Ever Overtake Grayscale’s Holdings?

BlackRock’s spot Bitcoin ETF is poised to overtake the Grayscale Bitcoin Trust (GBTC) in terms of Bitcoin holdings within the next few weeks. As of March 22, BlackRock’s ETF holds approximately 243,126 Bitcoin, valued at $15.48 billion, with a steady daily inflow of around $274 million. On the other hand,

March 25, 2024 2 mins read

Grayscale Launches Dynamic Income Fund for Multi-Asset Staking

Grayscale Investments, an asset management business, has launched a new staking fund in addition to its spot Bitcoin ETF. The Grayscale Dynamic Income Fund (GDIF) is a recently established cryptocurrency staking fund that was detailed in a post on twitter. An announcement from Grayscale states that this is their first

March 6, 2024 1 min read

Why is Bitcoin Dropping? Unraveling Grayscale’s BTC Selling Spree

The flagship cryptocurrency, Bitcoin (BTC), is currently witnessing a downturn, with Grayscale, one of the largest holders of Bitcoin, engaging in a significant sell-off. This move has left investors and market analysts speculating about its reasons and potential impact on the global crypto market. The catalyst for this development came

January 19, 2024 2 mins read

Grayscale Updates Crypto Fund Allocations, Drops Polygon (MATIC)

Avalanche (AVAX) and XRP were added to three of Grayscale’s cryptocurrency funds, while tokens like Polygon (MATIC) were removed, as announced on January 5th. Funds like the Digital Large Cap (GDLC), Smart Contract Platform Ex-Ethereum (GSCPxE), and DeFi are affected by the new allocations, which are a component of Grayscale’s

January 7, 2024 1 min read

Grayscale Amends S-3 Filing as Spot Bitcoin ETF Decision Looms

Tuesday saw Grayscale Bitcoin Trust file yet another updated S-3 filing to the SEC in the United States. In light of the fact that the window for the possible approval of a spot Bitcoin ETF opens between January 5 and 10, 2024, this third amendment seeks to transform GBTC into

January 2, 2024 1 min read

Cathie Wood Led Ark Invest Dumps Remaining Grayscale (GBTC) Shares

Dumping of cryptocurrency equities is ongoing as a due date for the anticipated approval of the spot Bitcoin ETF by the U.S SEC approaches. Following reports that Coinbase executives dumped their $COIN holdings, Cathie Wood’s asset management company Ark Invest allegedly dumped all of Grayscale Bitcoin Trust’s (GBTC) remaining shares.

December 28, 2023 1 min read

Grayscale Amends Bitcoin ETF Filing Amidst Barry Silbert Departure

Concurrent with Barry Silbert’s announcement of his departure from Grayscale’s board of directors, crypto asset management firm Grayscale filed an updated S-3 with the U.S securities regulator. Silbert is the CEO of Digital Currency Group, the business’s parent company. While the company waits for a judgment from the SEC, some

December 27, 2023 1 min read

Barry Silbert Steps Down from Grayscale’s Board of Directors

Notable executives at cryptocurrency investment business Grayscale Investments have resigned from their positions on the board. The company runs the Grayscale Bitcoin Trust. In its 8-K filing with the U.S SEC on December 26, Grayscale formally revealed that Barry Silbert, founder and CEO of Digital Currency Group (DCG), the parent

December 26, 2023 1 min read

Grayscale Forays Into Crypto Indices Market With FTSE Russell

To enter the cryptocurrency indices market, Grayscale Investments has teamed up with FTSE Russell, a division of the London Stock Exchange. A new offering called the Crypto Sector Index Series is in the works. There will be many indices in this series, each one dedicated to a distinct kind of

October 24, 2023 2 mins read