Grayscale

Grayscale

Markets

Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch

Bitcoin pressure has picked up this week as AUM at the Grayscale Bitcoin Trust has declined more than $1 billion per day thanks to a combination of exiting bitcoin and lower prices.

Exit, Voice and Bitcoin

Videos

Bitcoin Drops Below $39K; Donald Trump Pushes Back on CBDCs

"CoinDesk Daily" host Amitoj Singh breaks down the biggest headlines in the crypto industry today, including former U.S. president Donald Trump's latest comments opposing central bank digital currencies (CBDCs) at a rally in New Hampshire on Monday. A closer look at why bitcoin (BTC) is falling below $39,000. And, an update on Grayscale's Bitcoin ETF.

CoinDesk placeholder image

Finance

Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?

Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.

Michael Sonnenshein (CoinDesk)

Markets

Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale

Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.

(John Angel/Unsplash)

Policy

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

FTX liquidators are scrapping a costly legal battle to secure money for FTX creditors, following GBTC's conversion into a spot bitcoin ETF.

The now-former FTX Arena (Danny Nelson/CoinDesk archives)

Finance

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

FTX logo (Adobe Firefly)

Markets

Grayscale's GBTC Could See Another $1.5B in Sales From Arb Traders: JPMorgan

The bank estimated traders sunk about $3 billion into GBTC looking to benefit from a closing of the fund's discount to NAV.

(Shutterstock)

Videos

Grayscale CEO on Spot Bitcoin ETF Approval and 'Fee War' Among Issuers

Grayscale Investments CEO Michael Sonnenshein looks back on the spot bitcoin ETF approval and what it means for Grayscale and the wider crypto markets. Plus, insights on the competitive fees and how Grayscale plans to compete with other ETF issuers.

Recent Videos

Markets

Bitcoin ETF Net Inflows Near $1B After Three Days

Total assets grew even as Grayscale's GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.

Bitcoin ETF net inflows approach $1B (Shutterstock)

Markets

Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale

The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.

Bitcoin Price (CoinDesk)