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Grayscale Bitcoin Trust - GBTC news
Bankrupt cryptocurrency company Genesis Global Trading has received authorization to sell shares of its convertible bitcoin-ETF to Grayscale Investments, Bloomberg reports.
Financial giant BlackRock is considering increasing its investment in bitcoin, the first cryptocurrency. Currently, bitcoin only makes up a small portion of BlackRock's total funds..
According to a report from Standard Chartered Bank, the SEC is expected to approve spot Ethereum-ETFs on May 23, 2024.
According to BitMEX exchange data, nine spot bitcoin ETFs, not including Grayscale Investments' offering, currently control 150,846 BTC.
According to a report from CoinDesk, bursting cryptocurrency exchange FTX has sold shares of its spot bitcoin fund ETF to Grayscale Investments for an impressive $1 billion.
On January 23, 2024, the value of bitcoin fell below $39,000. Currently, the cryptocurrency is trying to stabilize around this level
Discover the world of Bitcoin ETFs, examining their benefits, drawbacks, and key players that received the green light from the SEC.
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