Why does grayscale GBTC continue to flow out?
GBTC outflows have put negative pressure on Bitcoin’s price and market, but are also affected by other factors, such as U.S. regulation, Bitcoin competitors, etc.
JinseFinanceGBTC outflows have put negative pressure on Bitcoin’s price and market, but are also affected by other factors, such as U.S. regulation, Bitcoin competitors, etc.
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.
JoyDespite GBTC's significant outflows and concerns about market absorption, Bitcoin manages to maintain support at $40,000. The market remains uncertain, with conflicting forecasts from analysts and traders.
SanyaUnderstanding these spillovers in volatility is crucial for investors, risk managers, and policymakers.
BitcoinworldA federal bankruptcy court judge heard hours of testimony on Voyager Digital’s proposed asset sale to Binance.US during a hearing that at one point turned into a shouting match.
TheBlockPart Three: 3AC, Grayscale, Genesis, and DCG
EspressoCME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful.
CointelegraphJune saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger.
CointelegraphThe discount brokerage has seen a sharp decline in crypto-related revenue over the past 12 months as retail investors exited the market.
CointelegraphThe discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market.
Cointelegraph