Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows.
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.
Ethereum protocols account for over a third of Grayscale’s assets under consideration for listing as exchange-traded products.
The largest cryptocurrency nears $53,000 on Friday in the latest bullish surge as $50,000 holds as support.
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over $29 million on February 8, 2021. Blockfi Launches a Competitive Bitcoin Trust With a Sponsor […]
The fund charges a 1.75% management fee and offers custody from Fidelity Digital Asset Services.
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands at $30.4 billion. In the lead is Grayscale Bitcoin Trust, which currently […]
The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin.
Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for BTC’s price.
A release of funds from lock-up traditionally heralds the start of price upside and ends consolidatory phases, data shows.