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Significant Outflow of 80,000 BTC from GBTC in 12 Days as Competing ETFs Accumulate 118,000 Bitcoin

Benito Cormi2 years ago2 min read

Grayscale’s Bitcoin Trust Reduces Holdings According to data from Grayscale’s website, the Bitcoin holdings of their fund have decreased from 552,681.22 BTC on Tuesday to 536,694.93…

FTX Sells $1 Billion GBTC Shares: Will the Bitcoin Rally Turn “Vicious”?

Newt Bettec2 years ago3 min read

Predicting a Major Bitcoin Rally An investor and crypto analyst, Fred Krueger, believes that a significant Bitcoin (BTC) rally is imminent. He attributes this prediction to…

Unveiling the True Causes of Bitcoin’s Price Decline, Excluding GBTC: Insights by Arthur Hayes

Newt Bettec2 years ago3 min read

The Real Drivers Behind Bitcoin’s Volatility In his latest essay, Arthur Hayes, the founder of BitMEX, offers a contrarian perspective on the recent downturn in Bitcoin’s…

Continued Outflows of $515M from GBTC ETF as Bitcoin Price Stays Below $40k

Wyatt Newson2 years ago2 min read

GBTC Outflows Slow Down The outflows from GBTC have been driven by the actions of FTX crypto exchange, which sold off about two-thirds of its 22.3…

FTT experiences a 10% surge in response to the sell-out of GBTC shares

Noah Rypton2 years ago2 min read

The Naive Token of the Cryptocurrency Exchange FTX Surges Amid GBTC Shares Sale The FTT token, the native token of the cryptocurrency exchange FTX, experienced a…

Surge in Net Outflows for Grayscale’s GBTC Bitcoin ETF as Others Stay Rangebound

Gapster Innes2 years ago2 min read

Grayscale Bitcoin ETF Sees Massive Outflows The Grayscale Bitcoin ETF experienced a significant increase in outflows on January 22. The net outflow reached $640.50 million, bringing…

Record Bitcoin Outflow from GBTC Prompts Blockguard CEO’s Advice for Investor Serenity During Market Transition

Benito Cormi2 years ago2 min read

GBTC Witnesses Significant Outflows, Bitcoin Price Drops Grayscale’s spot bitcoin exchange-traded fund (ETF), GBTC, has recently seen an increase in outflows. Data shows that a substantial…

FTX Surprises Everyone by Dumping $1 Billion in GBTC – What Comes Next?

Blair Connolly2 years ago3 min read

FTX Sells $1 Billion of Grayscale’s Bitcoin ETF The recent conversion of Grayscale’s Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF) was meant to…

Alameda Research Drops Legal Action Against Grayscale Following GBTC Transition

Blount Charleston2 years ago3 min read

Alameda Research Withdraws Lawsuit Against Grayscale Investments Alameda Research Ltd., associated with the now-bankrupt cryptocurrency exchange FTX, has voluntarily withdrawn its lawsuit against Grayscale Investments. This…

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