Grayscale

Bitcoin stability persists despite GBTC outflows, hovering above $70,900. Market divided on impact; some cite fee structure, others anticipate downward pressure. Traders predict stability with a chance of reaching $75,000 or $80,000 by month-end.

Grayscale's BTC ETF sees record-low outflow, signaling stabilization. Genesis liquidation and high fees contribute to persistent outflows. BTC trading at $70,600, up 2.2%.

Grayscale's GBTC Outflows Pressure US Bitcoin ETFs. Spot ETFs See Net Outflows after Four Days. Bitwise and iShares Buck Trend. Despite Recent Outflows, Continued Investor Interest in Bitcoin ETFs.

Grayscale Solana Trust (GSOL) sees soaring value, indicating institutional interest in Solana (SOL). Premium trading at $433 per share highlights demand, driven by Solana's performance and technical strengths.

BlackRock's Bitcoin ETF poised to surpass Grayscale's holdings, marking a milestone in institutional Bitcoin ownership. Transition reflects evolving dynamics in crypto investment landscape.

Grayscale remains optimistic about spot Ethereum ETF approval by U.S. regulators in May, despite SEC engagement concerns. Diverging sentiments persist among industry analysts regarding approval odds.

GBTC's reluctance to adjust fees amid mounting losses underscores potential challenges in navigating the evolving cryptocurrency landscape.

Grayscale plans to integrate staking into its proposed Ethereum ETF to counter inflationary pressures, aligning with its effort to transition into a spot ether ETF. Fidelity and others follow suit, but regulatory uncertainties loom. Meanwhile, Coinbase's CLO disputes Senators' concerns over Ethereum's ETF potential, citing robust trading volume. The SEC delays decisions on Hashdex Nasdaq Ethereum ETF and ARK 21Shares Ethereum ETF.

Bitcoin ETFs faced record outflows on March 19, with prices dropping to $62,000, prompting a $326 million withdrawal. Grayscale's GBTC reported $23.7 billion AUM, but with $443.5 million outflow, it might deplete by July. BlackRock, Fidelity, and Bitwise saw inflows amid the turmoil. Despite GBTC's $12.9 billion outflows since Jan. 11, market sentiment continues to sway Bitcoin ETF investments.

Grayscale reacts to $12 billion outflows with GBTC fee overhaul. CEO plans gradual fee reduction, introduces Bitcoin Mini Trust, eyes Ethereum ETF conversion.