Grayscale CEO Michael Sonnhenshein Steps Down
Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday. The report said that…
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Persistent Discount Plagues Grayscale’s Ethereum Trust as ETF Decision Nears
As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded…
Here Are The Bitcoin Layer 2s To Watch Out For, According To Grayscale
Crypto asset management giant Grayscale says there’s a “renaissance” in Bitcoin development, with several new Layer 2s (L2s) worthy of keeping an eye on. In a new investor report, Grayscale…
Grayscale’s Ether Futures ETF Application Pulled, Reason Not Disclosed
A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing…
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst…
Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
Grayscale’s spot Bitcoin ETF – GBTC – recorded its second consecutive day of net inflows on Monday, attracting $4 million into the trust. In doing so, GBTC shattered the four-month…
BTC Price Surges Above $59K as Spot Bitcoin ETF Outflows Ease Up
Days after suffering devastating losses that dragged its price to $56,500, bitcoin rebounded on Thursday and during the early hours of Friday. This coincided with a slowdown in outflows from…
Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow
On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a…
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s…
Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC
Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million.…
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