Tag: gbtc

Aug 04 2021

Why The Bitcoin Price Is Down Since April

Explaining the factors behind bitcoin's price drop this year and exploring the latest in central bank news.Watch This Episode On YouTubeListen To This Episode:...

Jul 30 2021

What Caused This Mid-Cycle Bitcoin Price Correction

Factors ranging from regulation in China to the Taproot protocol upgrade were driving bitcoin price charts to a decisive point for weeks.The bitcoin price rallied last week, but the move did not come out of the blue. While some people attributed the spike in price to the fake news about Amazon...

Robo-Advisor Wealthfront Adds Bitcoin Exposure Offering

Robo-advisor giant Wealthfront will now let its 400,000 clients invest up to 10% of their portfolios in bitcoin through GBTC.Robo-advisor giant Wealthfront has announced it will provide its nearly 400,000 clients with the option to get bitcoin exposure through Grayscale Bitcoin Trust (GBTC).The firm, which provides a hands-free approach to investing and has...

Jul 28 2021

Gauging Institutional Interest Around Bitcoin

Bitcoin's scarcity, both perceived and realized, sells.The below is a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.HODL Waves "Do you...

Jul 27 2021

Jul 23 2021

Edge Wealth Management Increases Bitcoin Exposure By Over 40%

Edge has disclosed it holds 54,134 shares of Grayscale Bitcoin Trust in a filing with the SEC, a more than 40% increase since last quarter.Edge Wealth Management has disclosed ownership of 54,134 shares of Grayscale Bitcoin Trust (GBTC) in a 13F-HR form filing with the U.S. Securities and Exchange...

Jul 22 2021

JPMorgan Becomes The First Big Bank To Give Retail Clients Access To Bitcoin

Jul 22 2021 Published at Bitcoin Magazine under tags  banking bitcoin gbtc grayscale jpmorgan

JPMorgan will reportedly give retail clients access to bitcoin investment vehicles starting on July 19, a first in U.S. big bankingJPMorgan just became the first U.S. big bank to give retail clients access to Bitcoin exposure, effective July 19, reported Business...

Jul 21 2021

Is Grayscale Selling Bitcoin (BTC) FUD Over?

Jul 21 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Grayscale Bitcoin Trust (GBTC) unlock has been the topic of discussion in the crypto sphere for the past couple of weeks as many expected the unlocking of shares after 6-months could have a bearish outcome on the Bitcoin price. However, contrary to mainstream belief BTC price has managed to escape any sell-off during the unlock The post Is Grayscale Selling Bitcoin (BTC) FUD...

Cathie Wood’s Ark Invest Buys Additional 300K Shares of the Grayscale Bitcoin Trust (GBTC)

While Bitcoin (BTC) continues to trade under pressure, institutions are back at buying the dips once again. On Monday, July 19, Cathie Wood's Ark Investment purchased an additional 300K of the Grayscale Bitcoin Trust (GBTC). As reported by The Street citing the subscription to Ark's trading activity, the investment firm purchased 310,067 shares of GBTC at the The post Cathie Wood's Ark Invest...

Jul 20 2021

Grayscale Bitcoin Trust (GBTC): Why GBTC Moves Markets

The Grayscale Bitcoin Trust (GBTC) is a publicly-traded trust that invests solely in bitcoin. Grayscale, GBTC’s holding company, is the largest digital asset manager on the market, and the GBTC is one of its biggest products. BGTC is particularly appealing for Investors interested in crypto but not willing to hold coins themselves. In...

Rothschild Investment Corp More Than Tripled Its Bitcoin Position

Rothschild Investment Corp shared in a new filing that it has more than tripled its bitcoin exposure through GBTC over the past quarter.According to a filing with the United States Securities and Exchange Commission (SEC) from July 19, Rothschild Investment Corp has almost quadrupled its indirect...

Rothschild Investment Purchased Over 100K Shares of Grayscale Bitcoin (BTC) Trust Last Quarter

Jul 20 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btc.d btcdai

The GBTC unlock has created a major buzz in the crypto space over the last week weeks about how it shall affect the price of Bitcoin (BTC). However, it turns out that institutional players continue to have an interest in Grayscale crypto products. As per the SEC filing on Monday, July 19, Chicago-based institutional player The post Rothschild Investment Purchased Over 100K Shares...

Jul 15 2021

Jul 13 2021

BNY Mellon Partners With Grayscale Investments Service GBTC and Its Bitcoin ETF

Jul 13 2021 Published at Bitcoinist.com under tags  bny mellon gbtc grayscale news

Although the influx of institutional investors into Bitcoin has slowed, Grayscale Bitcoin Trust remains one of the most notable institutional investor. GBTC has received a new push from one of the world's most powerful banks, which intends to strengthen the former's ETF goals. Grayscale Investment Partners With BNY Mellon Grayscale Investments, a digital asset management,...

Grayscale Bitcoin Trust Adds BNY Mellon As Service Provider, Eyeing ETF Approval

Jul 13 2021 Published at Bitcoin Magazine under tags  bny mellon business etf gbtc grayscale

Grayscale has selected BNY Mellon as the asset servicing provider for its bitcoin trust, which it wants to convert into an ETF soon.Asset manager Grayscale announced today that it has selected BNY Mellon as the asset...

$2 Trillion Asset Manager, Capital International Group Buys 12% Of Microstrategy

With 105,084 BTC on its books, MicroStrategy is by far the largest business Bitcoin holder on the planet. More than 111,000 BTC are held by entities controlled by Michael Saylor. Capital International Group Acquires Part Of Microstrategy According to SEC filings, Capital International Group, a $2.3 trillion asset management based in Los Angeles, declared a 12.2 percent interest in bitcoin-focused MicroStrategy. Capital Group...

Jul 09 2021

Legacy US bank increases Bitcoin exposure via Grayscale Bitcoin Trust

Jul 09 2021 Published at CryptoSlate under tags  btcusd gbtc investments

A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing...

Jul 05 2021

Grayscale Investments Adds Cardano to Flagship Digital Large Cap Fund

Jul 05 2021 Published at Bitcoinist.com under tags  ada altcoins bitcoin cardano companies

Earlier this week, cryptocurrency asset manager Grayscale Investments announced that it had added Cardano (ADA) to its digital large cap fund (GDLC) -- marking the crypto project as the fund’s third largest component. Cardano is a...

Jun 19 2021

GBTC Redemptions Stealing Bitcoin Spot Demand

Jun 19 2021 Published at Bitcoin Magazine under tags  bitcoin price gbtc markets

As the Grayscale Bitcoin Trust trades at a discount, demand won't be reflected in the bitcoin price.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....

Jun 03 2021

Grayscale Bitcoin Trust Zero Inflow Suggest Institutions are Looking for Regulated Alternatives

Jun 03 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Grayscale, the world's leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust...

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