The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors, according to Farside Investors, the first daily increase since the product debuted in January. A net $63 million was added on Friday, according to Farside’s tally. The Grayscale product had been the dominant conventional investment […]
Grayscale’s new ETF product, the Bitcoin Mini Trust, has set fees at 0.15%. Grayscale said it will contribute 10% of Grayscale Bitcoin Trust (GBTC) assets to the Bitcoin Mini Trust (BTC). Grayscale, which currently offers the highest-cost spot bitcoin ETF, revealed that a planned spinoff version of the fund will have a 0.15% fee, which […]
Bitcoin Price Falls By 5% As Grayscale’s BTC Outflows Hit $400M Bitcoin‘s recent rally has hit a roadblock, with the cryptocurrency falling below $69,000 per coin today. While it has since recovered to above $70,000, it remains below its all-time high of $73,700 reached yesterday. The dip is attributed to a combination of factors, including […]