Grayscale

Grayscale

Markets

Grayscale Bitcoin ETF Sees Record Lowest Daily Outflow of $18M

The relatively low figure is a sharp decline from GBTC's usual outflow amounts.

Grayscale advertisement (Grayscale)

Markets

Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters

Michael Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us."

Michael Sonnenshein (CoinDesk)

Finance

Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)

Policy

U.S. SEC Calls for Comments on Spot ETH ETFs

The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Markets

Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC

GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors

Grayscale ad in NYC (Nikhilesh De/CoinDesk)

Finance

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.

Grayscale ad (Grayscale)

Finance

Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund

The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL.

Michael Sonnenshein (CoinDesk)

Markets

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

The key driver behind the selling could potentially be crypto lender Genesis, which last month received bankruptcy court approval to sell 35 million GBTC shares.

Grayscale advertisement (Grayscale)

Videos

Bitcoin's Price Nears $45K; Do Kwon's Legal Woes Drag On

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, as bitcoin (BTC) rallied to a four-week high on Thursday, nearing $45,000. A new research report from JPMorgan claims there is evidence that Blackrock and Fidelity’s spot bitcoin ETFs already have an advantage over Grayscale. And, Do Kwon has won another chance to change his extradition from Montenegro.

Recent Videos

Markets

BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan

GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.

Grayscale's GBTC has lower liquidity than some rival bitcoin ETFs. (roegger/Pixabay)