Why does grayscale GBTC continue to flow out?
GBTC outflows have put negative pressure on Bitcoin’s price and market, but are also affected by other factors, such as U.S. regulation, Bitcoin competitors, etc.
JinseFinanceGBTC outflows have put negative pressure on Bitcoin’s price and market, but are also affected by other factors, such as U.S. regulation, Bitcoin competitors, etc.
JinseFinanceExplore the strategic disposal of GBTC shares by FTX Estate and its market implications in our comprehensive analysis. Uncover insights on the GBTC to ETF transition, legal dynamics, and the significant market reactions shaping the future of cryptocurrency investments.
WeiliangGolden Finance launches the 2208th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceARK Invest, led by Cathie Wood, has strategically liquidated its remaining $200 million GBTC holdings, redirecting $100 million to Bitcoin Futures ETF Bito. The move aligns with the anticipation of a potential spot Bitcoin ETF approval, reflecting ARK's proactive response to evolving market dynamics. Wood's optimism about Bitcoin's long-term growth remains strong, despite short-term market fluctuations tied to regulatory speculation.
BerniceThe Bonkz trading volume is over $1.9 million in the Magic Edens marketplace.
BeincryptoPart Three: 3AC, Grayscale, Genesis, and DCG
EspressoTether said the hedge funds that saw Terra’s collapse as a reason to short USDT have “a fundamental misunderstanding of both the cryptocurrency market and Tether."
CointelegraphCME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful.
CointelegraphThe discount brokerage has seen a sharp decline in crypto-related revenue over the past 12 months as retail investors exited the market.
CointelegraphThe discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market.
Cointelegraph