Why Grayscale GBTC Loses to BlackRock's IBIT iShares Bitcoin Trust Fund
On March 28, BlackRock’s IBIT iShares Bitcoin Trust finally surpassed GBTC in AUM!
JinseFinanceOn March 28, BlackRock’s IBIT iShares Bitcoin Trust finally surpassed GBTC in AUM!
JinseFinanceGBTC 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.
JinseFinanceFTX, 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 Grayscale Ethereum Trust (ETHE) now trades at a record 59.39% discount relative to the price of Ethereum (ETH), per data from YCharts.
decryptCrypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale's publicly traded Bitcoin (BTC) fund.
dailyhodlCrypto asset management giant Grayscale is reportedly considering selling some of its capital back to...
dailyhodlWith GBTC hitting deeper discounts by the day, the firm's CEO is now weighing new options for how to shore up investors should the trust fail to get converted into a Bitcoin ETF.
decryptThe shares have not traded at a premium to bitcoin since last March.
OthersWhile there are still no details on a possible rescue of Genesis Trading, there is at least apparently some positive news regarding Grayscale Bitcoin Trust (GBTC).
BitcoinistInvestors expressed their thoughts on why the SEC should approve the conversion of Grayscale’s BTC trust to a spot ETF.
Cointelegraph