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 fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded ETF, the fund’s discount to net asset value (NAV) […]
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $ 63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin …
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $ 87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and a preceding day’s loss, ARKB remains the third-largest …
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $ 85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $ 85.7M in Outflows, Spotlight on GBTC Between March 25 and March 28, 2024, the U.S. spot bitcoin ETFs enjoyed …
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $ 600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s crypto holdings have risen to 161K bitcoins. Blackrock Continues to See Massive Inflows Blackrock’s spot …