Grayscale


Markets

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

The Thursday total ETF flow was negative, with GBTC leading the pack

(CoinDesk Indicies)

Videos

Uniswap Receives Wells Notice From the SEC; State of Crypto Regulation in Dubai

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as decentralized crypto exchange Uniswap received an enforcement notice from the U.S. Securities and Exchange Commission (SEC). Plus, Grayscale’s bitcoin ETF saw a record-low daily outflow of $18 million and Dubai's virtual assets regulator looks for ways to reduce compliance costs for small crypto firms.

Recent Videos

Markets

Grayscale Bitcoin ETF Sees Record Lowest Daily Outflow of $18M

The relatively low figure is a sharp decline from GBTC's usual outflow amounts.

Grayscale advertisement (Grayscale)

Markets

Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters

Michael Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX is "largely behind us."

Michael Sonnenshein (CoinDesk)

Finance

Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)

Policy

U.S. SEC Calls for Comments on Spot ETH ETFs

The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Markets

Grayscale CEO Believes Bitcoin ETF Fees Will Drop Over Time: CNBC

GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors

Grayscale ad in NYC (Nikhilesh De/CoinDesk)

Finance

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.

Grayscale ad (Grayscale)

Finance

Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund

The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL.

Michael Sonnenshein (CoinDesk)

Markets

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

The key driver behind the selling could potentially be crypto lender Genesis, which last month received bankruptcy court approval to sell 35 million GBTC shares.

Grayscale advertisement (Grayscale)