Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.
Grayscale
Bitcoin ETF Net Inflows Near $1B After Three Days
Grayscale’s GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
‘Grayscale Discount’ Sinks to Lowest in 18 Months on Bets for GBTC Conversion to Bitcoin ETF
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.
Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist
Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs).
Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges
(Nikhilesh De/CoinDesk)
Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources
Goldman Sachs is in talks to play the key role of being an “authorized participant” for BlackRock and Grayscale’s bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group, Grayscale said in an SEC filing.
Cathie Wood’s ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.