Grayscale files with the SEC to convert its Digital Large Cap Fund into an ETF, including Bitcoin, Ethereum, and XRP, marking a key move for crypto investment.
Search Results for: grayscale bitcoin trust
BlackRock’s Global Allocation Fund Unveils Impressive $47.4M in Bitcoin ETF Holdings
BlackRock’s Global Allocation Fund increases its Bitcoin ETF holdings to $47.4M, adding 390,894 IBIT shares, reflecting growing institutional interest.
Ethereum ETFs See $10.4M Outflow as Bitcoin ETFs Rebound
Bitcoin spot ETFs saw a net inflow of $13.33 million on March 12, marking a turnaround after a week of outflows. The inflow increased the cumulative net total to $35.42 billion, relieving investors. Despite recent sell-offs, trading activity remained strong, with the total value traded reaching $2.01 billion. Bitcoin ETFs Experience Positive Reversal Bitcoin ETFs […]
Best Crypto to Buy: Bitcoin, Cardano, Solaxy Surge After Trump’s Crypto Reserve Announcement
Donald Trump’s recent announcement about moving forward with a US crypto reserve has sparked much-needed enthusiasm across the Web3 space. Citing his Executive Order on Digital Assets, Trump outlined plans for a “Crypto Strategic Reserve” that will include XRP ($XRP), Solana ($SOL), and Cardano ($ADA) alongside Bitcoin ($BTC) and Ethereum ($ETH). This shows a potential […]
Strategy Eyes $2B Convertible Notes to Bolster Bitcoin Holdings
Key Takeaways: Strategy has unveiled plans to privately offer $2 billion in 0% convertible senior notes due March 1, 2030. The notes, aimed at qualified institutional buyers, will be issued without regular interest and without accretion to the principal amount. The company also provides an option for initial purchasers to buy an additional $300 million […]
Grayscale Investments Unveils Pyth Network Trust Amid Growing Crypto Fund Portfolio
Grayscale introduces Pyth Trust, offering qualified investors exposure to Pyth Network’s oracle services within the Solana ecosystem.
Bitcoin ETFs Are Exploding, But This Dual-Chain Coin Raised $14M in Just 5 Weeks
Increasing institutional interest in Bitcoin ETFs has renewed optimism about the BTC price. But a new dual-chain utility crypto ICO is attracting serious attention, raising over $14 million in 5 weeks of its presale launch. With AI-driven trading at the core, analysts think this emerging token could overtake the BTC price in 2025. Goldman Sachs’ […]
Grayscale’s XRP ETF Moves Forward as SEC Officially Acknowledges 19b-4 Filing
Thе U.S. Sеcuritiеs аnd Exchаngе Commission (SEC) hаs officiаlly аcknowlеdgеd Grayscale’s 19b-4 filing on Fеbruаry 13, 2025. This rеcognition mаrks а cruciаl stеp towаrd convеrting thе XRP Trust into аn еxchаngе-trаdеd fund (ETF). Unlikе outright rеjеctions sееn in thе pаst, this аcknowlеdgmеnt signаls а shift in thе rеgulаtor’s stаncе towаrd crypto ETFs. Grayscale hаs opеrаtеd […]
BlackRock Offloads $22.1M Bitcoin, Sparking Market Shift
BlackRock’s iShares Bitcoin Trust (IBIT) witnessed a significant $22.1 million outflow, signaling a shift in institutional sentiment. The ETF had previously seen strong inflows, but recent sell-offs reflect a change in investor confidence. The sudden decline raises concerns about investor confidence and the potential for short-term corrections in BTC’s price trajectory. According to the tweet […]
Fidelity Shocks Market with $103M Bitcoin (BTC) Sale Amid ETF Exodus
Fidelity’s large-scale Bitcoin(BTC) sale and ETF outflows have sparked a wave of market attention. However, whales are undeterred and are using the opportunity to accumulate over $3 billion in BTC. Fidelity’s $103M Bitcoin Sale Leads ETF Outflows Fidelity has liquidated 1,075 BTC, worth $103 million, amid the first ETF outflow in three days. The transaction […]