News with the tag "Grayscale Bitcoin ETF"

Goldman Sachs has made a bold move by investing approx. $718 million in Bitcoin ETFs, signaling a surge in institutional interest. This includes significant increases in its holdings in major Bitcoin ETFs such as BlackRock iShares Bitcoin Trust (IBIT) and Grayscale (GBTC). The investment reflects a ...

Both institutional and retail investors of the Spot Bitcoin Exchange-Traded Funds (ETFs) are beginning to bet big on BTC as the products have witnessed a notable surge in inflows, implying that investors are highly interested and confident in the potential of the digital asset in the long term. A Su...

For the first time ever, BlackRock’s Bitcoin and Ethereum ETFs have now surpassed Grayscale ETF offerings in terms of assets under management (AUM). This feat is attributed to the robust inflows into BlackRock’s IBIT and ETHA since inception. However, Grayscale lags behind as GBTC and ETHE witnessed...

Spot Ethereum ETFs (Exchange-Traded Funds) have registered their first green day after a four-day negative streak. A week after its launch, the massive outflows, led by Grayscale’s Ethereum Trust (ETHE), have outshined the remarkable start of the ETH-based investment products. Ethereum ETFs Performa...

IMC Chicago, a major trading firm with assets under management totaling $169 billion, has revealed substantial increases in its Bitcoin ETF holdings for the second quarter of the fiscal year. The firm’s latest 13F filings highlight a strategic shift towards Bitcoin funds by Ark 21Shares and Grayscal...

Madden Securities Corp, a Texas-based registered investment advisor (RIA), has disclosed significant holdings in various Spot Bitcoin ETFs. This marks the firm’s first foray into crypto ETFs, as revealed in a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC) early on Thursday...

Burkett Financial Services, a prominent investment advisory firm, has strategically shifted its crypto investments. The firm opted to abandon the ProShares Bitcoin Strategy ETF (BITO) to go all in on BlackRock’s iShares Bitcoin Trust (IBIT). According to the latest SEC filings, Burkett Financial Ser...

City State Bank, an Iowa-based bank that offers investment management services, has revealed its exposure to Bitcoin (BTC) through exchange-traded funds (ETFs) in its recent 13F filing dated July 8, 2024. Moreover, BlackRock and Grayscale’s Bitcoin ETFs took the center stage with investements from t...

Grayscale Bitcoin ETF (GBTC) has continued its exit spree with $30 million in outflows in the last 24 hours. Last week, outflows heightened due to the wider market correction but with daily gains today, general ETF outflows were in moderation. Bitcoin price picked up today with the wider market notc...

As the Bitcoin (BTC) price continues to hit lows, the spot Bitcoin ETFs in the US continue to witness major outflows. On Monday, June 24, the total outflows across all nine spot Bitcoin ETFs was $174.5 billion, with none of the ETFs recording any kind of inflows. In the last ten days, the total outf...