Grayscale’s Crypto Holdings Plummet Below $20B: What’s Driving the Exodus?
#Grayscaleâs Crypto Assets #Drop Below $20b as #ETF Selling Intensifies. Market fluctuations and competition force investors to #withdraw large funds.
#Grayscaleâs Crypto Assets #Drop Below $20b as #ETF Selling Intensifies. Market fluctuations and competition force investors to #withdraw large funds.
#BTC #ETFs saw a $211 million outflow on September 5, with key funds like #$FBTC and #$BITB hit hardest by investor withdrawals.
SWIB increases its BlackRock Bitcoin ETF stake, marking a significant shift from Grayscaleâs Bitcoin Trust. #SWIB #BlackRock #BitcoinETF #Crypto
#Grayscale launches #Bitcoin Mini Trust on July 31 with low fees, challenging #BlackRock in the Bitcoin #ETF space. #Crypto #Bitcoin #ETF
U.S. spot Bitcoin ETFs saw nearly $1 billion in net inflows, marking the second-highest day ever! #Fidelityâs FBTC led with $378.7M, followed by
#BlackRock’s IBIT at $274.4M and #ARK 21Shares at $138.7M. Bitcoin surged to $71K! #Bitcoin #Crypto #ETFs #BTC
BlackRock’s #IBIT surpasses Grayscale’s #GBTC as the largest #Bitcoin ETF, attracting over $1 billion in inflows. #Crypto
#BitcoinETFs draw record $235M in a day, with inflows 7x daily mined #BTC as prices surge to $72,000. #BitcoinRally #CryptoInvestment
Grayscale Bitcoin Trust (GBTC) saw a $63 million inflow on May 3, contrasting with $17.5 billion outflows in 2024. #Bitcoin #CryptoInvesting #GBTC
GBTC faces over $16.2B in outflows since January, struggling against competitors like BlackRock amid high fees and market shifts. #BitcoinETF #CryptoNews
Experts clash over Bitcoin’s fate amid $25B GBTC liquidation: Some predict a price dip, while others like Mike Novogratz foresee a bullish rise in 6 months. What’s your take on BTC’s future? đđ #BitcoinPrediction #CryptoDebate #GBTCLiquidation
Grayscale, has confirmed through Twitter that everything is well with the company and that other crypto assets entirely back all crypto assets. Read CNL.
Founders of 3AC confirmed that Terra and GBTC trades destroyed the firmâs crypto fund. Co-founder Su Zhu admitted that 3AC failed to realize that Luna could fall to zero. The firm continued to borrow until their debt piled up to $3.5B, as per court filing. Three Arrow Capital (3AC) co-founders, Kyle Davies and Su Zhu, told Bloomberg that trades containing Grayscale Bitcoin Trust (GBTC), Terraâs luna (LUNA) and terraUSD (UST) tokens has caused to the disputes of the troubled crypto fund of the company. The SIngapore-based crypto hedge fund founders confirmed that the company lost almost $200 million due to