Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Küçük Trust product, according to a filing on Tuesday.
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Küçük Trust product, according to a filing on Tuesday.
By locking in the right to sell ETH at a specified price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF’s value, making such large sell-offs necessary when an asset surges in value
The SEC wants to know if the applications for ETFs that hold Ethereum’s ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.
The success of the spot ETFs which opened for business on January 11 was the catalyst for this latest bull run for the world’s largest crypto.
Martijn Rozemuller, the CEO of VanEck Europe, sees crypto eventually matching its other product lines in terms of assets under management.
The key driver behind the selling could potentially be crypto lender Genesis, which last month received bankruptcy court approval to sell 35 million GBTC shares.
BlackRock’s bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.
Net inflows into U.S.-listed spot bitcoin ETFs accelerated this week, with BlackRock’s IBIT pulling in $520 million in fresh funds on Tuesday, BitMEX Research veri shows.
Spot bitcoin ETFs had their best day since their debut on Monday, recording $2.4 billion in daily trading volume coupled with strong inflows.