Tag: GBTC
Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows
Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024,…
Grayscale’s GBTC stops bleeding: First inflow since launch
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since…
Cathie Wood’s ARK dumps 700K GBTC shares in one month
Cathie Wood’s investment firm ARK Invest has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over…
First Bitcoin ETF trades $1.5B as GBTC ‘discount’ echoes $69K BTC price
Bitcoin (BTC) institutional investment vehicles are seeing a major volume boost as excitement over possible United States…
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District…
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
Grayscale’s Bitcoin investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two…
Bitcoin price gets new $25K target as SEC decision day boosts GBTC
Bitcoin (BTC) ranged around the key $26,800 mark for a second day on Oct. 13 with a…
GBTC ‘discount’ hits smallest since 2021 despite BTC price at 3-month lows
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (BTC), now trades at just 17% below BTC price…
GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC) could erase its BTC price “discount” in 2024….