GBTC

February 27, 2024

GBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleed

Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) has experienced its third consecutive day of decreasing net outflows, reaching a record low of $22.4 million. This comes […]
February 19, 2024

Grayscale’s GBTC outflows reach $7B, but data shows it’s slowing

Grayscale, the crypto asset manager, has experienced a slowdown in outflows from its spot Bitcoin ETF, GBTC. However, analysts suggest that there may still be further […]
February 15, 2024

Court clears Genesis to liquidate $1.3B worth of Grayscale GBTC shares

A bankruptcy judge has approved Genesis Global Holdco’s request to liquidate approximately $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares as part of its efforts […]
January 30, 2024

$5B flight from GBTC likely led to outflows in other regions — CoinShares

The recent decline in cryptocurrency prices, largely influenced by significant withdrawals from the Grayscale Bitcoin Trust (GBTC), appears to be a key factor in the outflows […]
January 22, 2024

Guessing game on when GBTC bleeding stops helps push Bitcoin below $39K

The multibillion-dollar outflows from Grayscale’s Bitcoin Trust (GBTC) have significantly impacted Bitcoin’s market, driving its price below $39,000 for the first time in nearly two months. […]
January 17, 2024

Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF

Grayscale’s spot Bitcoin exchange-traded fund (ETF) has experienced substantial outflows, with an estimated $1.1 billion withdrawn in just three days of trading. This rush by investors […]
December 04, 2023

Grayscale Bitcoin Trust aims for ETF shift to narrow discount

This move seeks to better synchronize GBTC’s shares with the real Bitcoin price and introduce a streamlined mechanism for investors to create or redeem shares effortlessly. […]
November 24, 2023

Cathie Wood’s ARK dumps 700K GBTC shares in one month

After selling nearly 700,000 GBTC shares over the past month, ARK’s Next Generation Internet ETF still holds 4.3 million GBTC shares worth $131.8 million.   Cathie […]

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