BlackRock's iShares Bitcoin Trust has quickly amassed Bitcoin, surpassing exchanges and corporate investors, signaling a major shift in institutional confidence and market dynamics.
WeiliangGrayscale'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.
JoyHex Trust obtains regulatory approval for cryptocurrency custody services in Dubai, advancing its Middle East expansion in line with the emirate's progressive regulations.
Hui XinContrary to certain rumors, Trust says user funds cannot be pilfered by merely taking a picture of its wallet’s screen.
cryptopotatoThe Grayscale Ethereum Trust (ETHE) now trades at a record 59.39% discount relative to the price of Ethereum (ETH), per data from YCharts.
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).
BitcoinistTrust Wallet, one of the most notable decentralized wallets, has added support for Solana decentralized apps (dApps).
Others
The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access.
Cointelegraph