GBTC

Posted by | January 26, 2024
Analyst Predicts Bitcoin to Hit $250,000 Before Halving

In a post shared on X on January 26, crypto analyst BitQuant  forecasts  that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000...

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Posted by | January 25, 2024
Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving...

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Posted by | January 25, 2024
Grayscale’s GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan

Selling pressure in bitcoin (BTC), the world’s largest cryptocurrency, from investors taking profits in crypto investment vehicle, the Grayscale Bitcoin Trust (GBTC), may be largely over, JPMorgan (JPM) said in...

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Posted by | January 24, 2024
Grayscale’s GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch

Grayscale's Bitcoin Trust (GBTC) moved more than 19,000 bitcoin (BTC) from its publicly known wallet Wednesday morning. Since the spot bitcoin ETFs opened for business on Jan. 11, Grayscale has...

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Posted by | January 24, 2024
When Will Grayscale’s Bitcoin ETF Outflows End? Experts Weigh In

Outflows from the Grayscale Bitcoin ETF (GBTC) continue to be the dominant story of the market. The numbers of outflows continue to be enormous. Yesterday, on Tuesday, $515 million flew...

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Posted by | January 19, 2024
Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says

Bitcoin BTC) has dropped over 15% since the inaugural launch of spot exchange-traded funds (ETFs) last week with $1.5 billion flowing out of the Grayscale Bitcoin Trust GBTC, financial giant...

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Posted by | January 19, 2024
Grayscale’s GBTC Could See Another $1.5B in Sales From Arb Traders: JPMorgan

Bitcoin [BTC) has dropped over 15% since the inaugural launch of spot exchange-traded funds (ETFs) last week with several billion in assets flowing out of Grayscale's GBTC. While a chunk...

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Posted by | January 18, 2024
Bitcoin ETF Update: BlackRock Hits $1 Billion AUM, GBTC Outflows Slow Down

The data for the fourth day on which spot Bitcoin ETFs are traded in the US is complete. And the numbers are once again extremely impressive. Bloomberg analyst Eric Balchunas...

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Posted by | January 17, 2024
The Grayscale Effect: The Bitcoin Price Has A New Prime Trading Hour

The crypto trading landscape is witnessing a paradigm shift with the recent introduction of spot Bitcoin ETFs in the United States, catalyzing a new wave of trading dynamics. Bloomberg analyst...

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Posted by | January 13, 2024
Grayscale Moves Nearly $1 Billion Worth Of Bitcoin In Past Month – Report

According to the latest report, asset management firm Grayscale has been transferring large amounts of Bitcoin to various wallet addresses over the past month. This data revelation comes days after...

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