Grayscale Bitcoin Trust

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Posted by | April 5, 2024
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

Genesis has sold its shares of Grayscale Bitcoin Trust (GBTC) and used the proceeds to buy 32,041 bitcoins The bitcoins are worth $2.2 billion at today’s prices Bankrupt crypto lender...

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Posted by | January 30, 2024
Bitcoin ETFs Experience Day 12 Reversal, GBTC Selling Slows, Fidelity And Blackrock Garner $400 Million

Bitcoin has witnessed a positive turn of events as it reclaimed the $43,000 mark on Tuesday, thanks to a significant reduction in selling pressure from asset manager Grayscale. The reversal...

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Posted by | January 29, 2024
Selling Pressure Subsides As Grayscale Sends 8.6K Bitcoin To Coinbase, Falling Below Average

In the third week of January, Bitcoin (BTC) demonstrated a modest 3% price recovery, following increased selling pressure exerted by asset manager Grayscale since January 12.  Interestingly, there are indications...

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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 24, 2024
Bitcoin ETF Day 8 Update: Market Rebound Signals Bottom As Grayscale Selling Slows Down

Since the approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) on January 11, followed by the commencement of trading a day later, the ETF race...

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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 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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Posted by | December 28, 2023
Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out – What’s The Strategy?

In a significant shake-up of its Bitcoin (BTC)-related holdings, Cathie Wood’s ARK Next Generation Internet exchange-traded fund (ETF) has made strategic changes as BTC ends the year with a significant...

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Posted by | December 28, 2023
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings

ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF (BITO) yesterday after dumping its remaining holdings of the Grayscale Bitcoin Trust (GBTC). The ProShares stake is valued at...

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Posted by | December 20, 2023
$30,000,000,000,000 Floodgates Will Open for Bitcoin Upon Approval of Spot BTC ETFs: Grayscale CEO

Grayscale CEO Michael Sonnenshein believes that a deluge of capital will flow into Bitcoin (BTC) once the U.S. Securities and Exchange Commission (SEC) greenlights a spot market BTC exchange-traded fund (ETF)....

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