Golden Finance launches the 2305th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceGBTC Outflows: $16.2B withdrawn since ETF shift. CEO expects stabilization, cites high fees. Regulatory changes and Genesis sale add to challenges.
EdmundRecently, Grayscale released a February report, which pointed out that Bitcoin may hit a new historical high later this year.
JinseFinanceGrayscale Bitcoin Trust (GBTC) faces outflow challenges amidst diverse investor preferences and record BTC ETF trading volumes.
Huang BoGBTC is a digital financial instrument designed to provide individuals interested in cryptocurrencies with investment opportunities in the Bitcoin market, eliminating the need for direct access to the underlying asset.
JinseFinanceGrayscale's Bitcoin Trust (GBTC) experienced substantial outflows, notably transferring significant BTC amounts to Coinbase Prime, impacting Bitcoin's market dynamics. These movements, part of the ETF conversion, reflect a complex interplay between institutional decisions and cryptocurrency valuations.
JoyFTX, the defunct exchange, sells 75% of Grayscale Bitcoin Trust Shares (GBTC) for $600 million. Motives unclear, sparking speculation in the crypto community about potential implications.
Xu LinThe shares have not traded at a premium to bitcoin since last March.
OthersFTX.US CEO talks about SEC's reasons for rejecting spot Bitcoin ETF.
链向资讯Investors expressed their thoughts on why the SEC should approve the conversion of Grayscale’s BTC trust to a spot ETF.
Cointelegraph