Category: GBTC
-
Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend
•
Since mid-January, when the 11 Bitcoin ETFs saw the light of day, Grayscale-converted GBTC has been at the forefront of outflows. This eventually led to it losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. However, in the last two trading days of this week,…
-
Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend
•
Since mid-January, when the 11 Bitcoin ETFs saw the light of day, Grayscale-converted GBTC has been at the forefront of outflows. This eventually led to it losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. However, in the last two trading days of this week,…
-
The Blackrock Bitcoin ETF (iBIT) Displaces Grayscale GBTC To Become The Market’s Largest Spot Bitcoin ETF.
•
In the ever-evolving world of cryptocurrencies, there has been a shift in the ETF landscape, with the BlackRock Bitcoin ETF known as iShares Bitcoin Trust (IBIT) taking the lead. This pivotal development positions IBIT as the leading Bitcoin ETF in the US, surpassing Grayscale’s longstanding Bitcoin Trust (GBTC) and representing…
-
Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
•
The spot bitcoin ETF — GBTC — posted its second straight day of net inflows on Monday, attracting $4 million into the fund. In doing so, GBTC broke a four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since moving…