In the recent financial assessment, the digital asset market saw a substantial net inflow of $1.2 billion. Grayscale, however, stood out with outflows reaching $579 million, contrasting the overall trend of net inflows. K33 Research reports new ETF net inflows at around 17,619 BTC, while outflows from GBTC and futures ETFs total 19,000 BTC.
Amidst the significant net inflow, Grayscale experienced an anomaly, witnessing outflows of $579 million, making it an outlier in the sea of net inflows.
The Purpose Bitcoin ETF, based in Canada, faced consecutive outflows, with over 4,000 BTC leaving the fund between Jan. 11 and 12. This marks the second-highest outflow in a year, following a period of substantial inflows around October and November, indicating a potential anticipation of the ETF trend.
Spot ETFs recorded an impressive debut, spearheaded by BlackRock, with an aggregate inflow of $1.2 billion. It's noteworthy that this total inflow encompasses all crypto flows per provider, extending beyond spot ETFs.
The US regulatory approval of crypto ETFs has saved Grayscale from danger, but it has also introduced more powerful competitors. The landscape of crypto asset management has undergone tremendous changes due to the entry of traditional asset management companies.
JinseFinance"It wasn't until November 16, 2022 that I learned the true identity of Barry Silbert and all the information related to him."
JinseFinanceGBTC is different from other Bitcoin ETFs because it existed as a Bitcoin investment fund before it became an ETF.
JinseFinanceDespite not rising as much as Bitcoin, Ethereum has outperformed traditional asset classes this year on an absolute return and risk-adjusted basis. The development of the Ethereum L2 ecosystem may attract new users and support the token’s valuation in 2024.
JinseFinanceAt the same time, DCG President Mark Murphy also quit Grayscale’s board of directors.
JinseFinanceFTX’ debtors are suing Grayscale Investment, its owners and its CEO over their handling of the Grayscale Bitcoin and Ethereum Trusts.
TheBlockHopefully Ethereum becomes a system more like Bitcoin.
链向资讯Hope Ethereum becomes a more Bitcoin-like system
FtftxCrypto asset management firm Grayscale added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund, following its first quarterly rebalance.
CointelegraphCEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes.
Cointelegraph