The plan for a Mini Bitcoin ETF is expected to reduce Grayscale's outflows by 83%. Is Grayscale truly at a turning point?
Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
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Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
The rise in Bitcoin prices was directly caused by inflows into U.S.-listed spot Bitcoin ETFs, but marginal demand ultimately reflected investor interest in the Bitcoin asset as an alternative “store of value” and decentralized computing network.
GBTC is different from other Bitcoin ETFs because it existed as a Bitcoin investment fund before it became an ETF.
Coinbase supports Grayscale's Ether ETP, citing Ethereum's commodity status and market robustness, urging SEC approval for regulatory consistency.
Grayscale Research’s analysis shows that traditional balanced portfolios can achieve higher risk-adjusted returns with a modest allocation to cryptocurrencies (approximately 5% of total financial assets).
Explore Grayscale's significant move of transferring 4,000 BTC to Coinbase Prime for ETF redemption activities. Understand the implications of this major transaction for the cryptocurrency market, Grayscale's strategy, and the future of Bitcoin ETFs
While Grayscale's strategic move and the ETF sector's growth are noteworthy, the SEC's role in the approval process raises questions about transparency and decision-making. Investors should monitor developments closely in this dynamic landscape.
Part Three: 3AC, Grayscale, Genesis, and DCG
Grayscale refused to provide a proof-of-reserve for its Bitcoin citing security risks.
A press release announcing that the CEO of Grayscale is suing the SEC is the biggest market news of the day.