Grayscale Investments has announced plans to introduce options trading for its spot bitcoin exchange-traded funds (ETFs), taking a page from Blackrock’s recent success with bitcoin ETF options. The options trading will begin on Wednesday morning. This initiative is designed to leverage a covered call strategy to generate additional income. Both the Bitcoin Trust (GBTC) and…
Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares rising tenfold, while reducing the number of outstanding shares proportionally. Fractional shares…
Grayscale Investments has updated proposals for its Bitcoin and Ethereum Covered Call ETFs, according to Nov. 18 filings with the US Securities and Exchange Commission (SEC). The funds aim to generate income through options contracts linked to the firm’s Bitcoin and Ethereum exchange-traded products (ETPs), including the Grayscale Bitcoin Trust (GBTC), its mini Bitcoin trust,…
The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump’s emergence as the next US President. As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in…
Grayscale Investments has announced plans for reverse share splits for its Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH). Effective at 5:00 pm ET on Nov. 19, the BTC fund will undergo a 1-for-5 split, while the ETH fund will undergo a 1-for-10 split. These adjustments are intended…
Este artículo también está disponible en español. Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X,…
NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund. Grayscale recently filed to have go ahead to convert the fund to a spot ETF. Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund by Grayscale. The ETF aimed at would track…
SEC filings revealed Emory holds 2,678,906 ETF shares as of September 30. This marks the first public Bitcoin investment by an American university. Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the…
Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows Drive ETFs Closer to 1 Million Bitcoin Milestone…
The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July. Spot Bitcoin ETFs Record Highest Daily Inflow Since June After a return to positive net…
According to a survey by Grayscale and The Harris Poll, nearly half of all U.S. voters are now more likely to vote for pro-cryptocurrency candidates. The poll, released Monday, Oct. 16, notes that crypto policy matters more in U.S. elections than ever. Cryptocurrency is fast becoming a topic of political discussion as more Americans look…
Dogecoin (DOGE) surged 10.53% over the past 7 days as its price reached $0.12277. Prices oscillated between $0.10 and $0.13, with technical indicators pointing to rising prices. Rumors of a Grayscale listing have revived market excitement. Analyst Ash Crypto predicts the DOGE price will hit $1 in the next 6–12 months. “$DOGE feels like a…
BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a massive net inflow of $393.40 million on October 16th. According to data from SoSoValue, this figure represents the largest influx since July 22, when IBIT saw $526.7 million in new investments. Spot Bitcoin ETF Market Gains Momentum The spot Bitcoin ETFs recorded a total net…
Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and…
October 17, 2024 at 01:45 AM GST updated: October 17, 2024 at 12:20 AM 2 mins read News The transition by Grayscale to transform its digital large-cap fund into the multi-asset ETF that includes Bitcoin, Ether, Solana, and XRP represents the next major development of crypto investment products. It could also work in favor of…
October 16, 2024 at 07:48 PM GST updated: October 16, 2024 at 07:34 PM 2 mins read News Grayscale is considering adding Dogecoin and Worldcoin, expanding its offerings to meet the growing demand for cultural relevance in crypto. Grayscale’s new product list includes major smart contract platforms like Aptos, Sei, and Celestia, highlighting a focus…
Grayscale Investments has applied to the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an exchange-traded fund (ETF). The fund, which is currently traded over the counter, includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX). In the application filed by the New York Stock Exchange (NYSE)…
October 16, 2024 at 05:19 PM GST 2 mins read News Bitcoin Spot ETFs recorded an investment of more than $600m within 48 hours of trading, hence total disclosed assets under ETFs stood at about $60 billion. The increasing holdings of ETF point to an increasing demand from institutional and retail investors to get exposure…
October 15, 2024 at 09:34 PM GST updated: October 15, 2024 at 09:37 PM 2 mins read News Grayscale adds 35 altcoins, including Dogecoin & Worldcoin, to its investment product watchlist, expanding potential offerings. New focus on smart contract platforms, featuring Aptos, Sei, Celestia, and Mantle among tokens under consideration. Solana projects and consumer-driven assets…
The famous memecoin, Dogecoin as well as leading layer 2 for NFTs and blockchain gaming, Immutable are said to be a good competitor. On October 3, Grayscale spread its wings by introducing a new Aave investment fund. In January, apart from becoming the biggest holder of Bitcoin, the company became the biggest seller of Bitcoin…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Grayscale, one of the largest cryptocurrency asset managers globally, is widening its scope by adding 35 altcoins to its list of assets under consideration for future investment products. This announcement, made through a blog post, includes a diverse range of tokens from established altcoins like Dogecoin (DOGE) to newer…
Layer-1 blockchain network Sui has become the standout performer in the crypto market after a more than 2x rise in value this year. According to CryptoSlate data, Sui’s native token is up roughly 185% year-to-date, reaching an all-time high of over $2.2. The remarkable price performance has positioned Sui among the top 15 cryptocurrencies by…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday,…
Grayscale’s new Aave Trust offers investors secure exposure to the AAVE token, expanding its growing portfolio of DeFi products. Institutional interest in DeFi continues to rise, with Grayscale leading the way in bridging traditional finance and decentralized finance. Following the development of Grayscale’s revelation on the top 20 cryptos poised for success in Q4, as…
October 4, 2024 at 04:55 AM GST updated: October 4, 2024 at 03:44 AM 2 mins read News Grayscale Aave Trust offers SEC-accredited investors direct exposure to AAVE, adding to its diverse crypto investment products. Aave platform reports $12B in TVL, bolstering its reputation as a leading DeFi protocol for decentralized lending. Following Grayscale’s Aave…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Grayscale, a leading crypto asset management firm, continues to expand its range of investment products. In an official announcement, Grayscale revealed that it will be launching Grayscale Aave Trust, a new fund that provides exposure to Aave’s native token AAVE. This new offering underscores Grayscale’s commitment to diversity its…
The Grayscale website states that the current net asset value (NAV) per share is $13.88. The asset under management (AuM) for the fund is $151,281. After Grayscale announced the launch of its Grayscale Aave Trust, the price of AAVE has started to rise again. Institutional investors will have the opportunity to invest in the decentralized…
Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave’s token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate. However, the token has declined by over 16%…
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After a series of positive inflows, the 12 U.S. spot…
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.3 million…
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively…
Grayscale Research has published Q4’s top 20 cryptocurrencies list, which includes six new entrants. The latest integrations are Sui, Bittensor, Optimism, Celo, Helium, and UMA Protocol. These assets were selected because of their potential to grow and because they fit essential trends in the crypto space. Here are the new themes in Grayscale’s updated list,…
Este artículo también está disponible en español. Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen…
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day’s trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares’ ARKB leading the charge….
Grayscale’s SUI Trust and increased institutional trading have fueled SUI’s 50% spike in just 7 days. K33 Research highlights SUI’s tech advancements, positioning it as a strong competitor to Solana. n line with recent developments surrounding SUI, the native cryptocurrency of the Sui Layer 1 blockchain, CNF highlighted it as “one to watch” due to…
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S. spot bitcoin and…
Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The…
The two largest Grayscale funds operating on US stock exchanges – GBTC and ETHE – saw substantial net outflows on Monday. Nevertheless, the prices of the underlying assets have remained stable and even managed to record some minor gains in the past 24 hours. Ethereum ETFs in Bad Shape CryptoPotato has repeatedly reported the lack…
With the great wealth transfer underway, crypto investors are getting excited about the potential flow of trillions in investment into cryptocurrencies. Bitcoin continues to lead with interest from institutional investments and products on a rapid rise. Digital asset manager Grayscale has been at the forefront of bringing crypto investment products into the market, citing the…
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and…
Este artículo también está disponible en español. Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx…
According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares’ ARKB fund attracted a hefty $81.07 million. Fidelity’s FBTC followed closely, reeling…
The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an…
Ripple’s XRP price surged by 10.53%, reaching a peak of $0.5892. Grayscale has launched the Grayscale XRP Trust Fund, which lets institutions invest in XRP without a direct purchase. After experiencing a consolidation phase throughout early September, Ripple’s native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the…
TL;DR XRP rose by 6% to $0.57 following the launch of the Grayscale XRP Trust. Analysts are optimistic about a potential bull run, fueled by the new trust and legal developments. Outperforming BTC and ETH The cryptocurrency market has experienced little to no volatility in the past 24 hours, with Bitcoin (BTC) trading around $58K…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Grayscale Investments, a well-known digital asset management firm, has announced plans to launch a closed-end fund focused on XRP, the popular cryptocurrency token. According to a release, this new offering will allow investors to gain direct exposure to XRP, which has seen renewed interest following recent legal developments. This…
Grayscale has introduced a new crypto investment trust fund for XRP, according to a Sept. 12 statement. Following the news, XRP’s value surged by 8%, reaching a multi-week high of $0.58, according to CryptoSlate’s data. XRP Trust The firm stated that the XRP Trust operates similarly to its other single-asset investment trusts, focusing exclusively on…
Grayscale has launched the first U.S. XRP Trust, aiming to provide institutional exposure to XRP’s unique cross-border payment capabilities. The trust could be converted into an ETF, pending SEC approval, signaling potential mainstream adoption of XRP. Grayscale Investments has officially launched its first U.S.-based XRP Trust, causing waves in the cryptocurrency market. At the time…
Grayscale’s launch of SUI Trust has boosted SUI price by over 16% to above $1. The new Grayscale trust provides institutional investors with a new entry point into SUI. Institutional endorsements are increasingly influencing cryptocurrency valuations. Grayscale, a prominent cryptocurrency asset management firm, has announced the launch of its Grayscale SUI Trust. The new Grayscale…