Tag: gbtc

Dec 01 2021

Grayscale Expands Its Cryptocurrency Product Offering with the Launch of Solana Trust

After weeks of deliberation, alternative investment firm Grayscale Investments has launched a cryptocurrency trust based on SOL, the native token of a Proof- of-History (PoH) Layer 1 blockchain network Solana.

Nov 25 2021

Morgan Stanley just bought the Bitcoin (BTC) dip through Grayscale shares

Institutional investors’ interest in Bitcoin has refused to wane despite the continued price volatility of the flagship digital asset which has seen the asset rise to over $68,000 then drop to around $57,000 presently within the space of the last 30 days. An example of one such investor is a leading investment bank in the United States, Morgan Stanley, who recently increased its...

Nov 11 2021

Grayscale Has More Assets Under Management Than the World’s Largest Gold ETF

Grayscale, a leading digital currency investing firm, has announced it hit more than $60 billion in assets under management (AUM), which means that the cryptocurrency investment giant has surpassed the world’s biggest and most liquid gold ETF, SPDR Gold Shares (GLD).

Nov 05 2021

Grayscale is Considering Expanding its Crypto Product Offering With Avalanche and Terra

Leading digital currency asset management firm Grayscale has announced it is exploring adding Terra and Avalanche digital assets to its product family of supported crypto assets. With the company’s total assets under management (AUM) being just a tad over $56 billion, Grayscale holds considerable sway in the cryptocurrency industry. The addition of LUNA and AVAX could play a huge role in the continued...

Sep 29 2021

This Wall Street Giant Has Increased its Bitcoin ($BTC) Exposure by 105% Since April

Sep 29 2021 Published at Coingape under tags  bitcoin bitcoin news btc btcbrl btcbusd

The demand for Bitcoin ($BTC) has skyrocketed among Wall Street giants this bull season. The majority of institutional investors watched the 2017 BTC rally from the sidelines calling it a bubble waiting to burst. However, when that didn't happen and BTC more than tripled its ATH in 2021 even former critics of the top cryptocurrency The post This Wall Street Giant Has Increased...

SEC filings show Morgan Stanley has doubled its Bitcoin (BTC) position

Sep 29 2021 Published at CryptoSlate under tags  adoption banking gbtc grayscale investments

After its previous hostility towards Bitcoin and other crypto assets, Morgan Stanley, a leading investment bank, has increased its exposure to the leading digital assets per its recent filings with the Securities and and Exchange Commission (SEC)...

Aug 31 2021

US: A historic gold investor is now buying Bitcoin (BTC)

Texas-based investment management firm US Global Investors has bought significant exposure to Bitcoin by investing in Grayscale funds. According to a filing to the US Securities and Exchange Commission (SEC) published on August 30th, the company added over $566,000 worth of Grayscale Bitcoin Trust shares (GBTC) to three out of eight of its mutual funds. Another major institution getting exposure to Bitcoin...

Aug 27 2021

Breaking: Bill Miller Owned Miller Opportunity Trust Reveals 1.5 Million $GBTC Share Holdings

Aug 27 2021 Published at Coingape under tags  bill miller bitcoin news btcbrl btcbusd btcdai

Miller Opportunity Trust, a hedge fund owned by billionaire investor Bill Miller revealed it holds 1.5 million shares of Grayscale's premium Bitcoin investment product $GBTC. The $GBTC holdings of the hedge fund take its Bitcoin investment to worth $58 million or nearly 1,200 Bitcoin. The firm revealed its $GBTC holdings in an SEC filing on The post Breaking: Bill Miller Owned Miller Opportunity...

Aug 05 2021

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...

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