Tag: grayscale bitcoin trust

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...

Jul 31 2021

Wealthfront ($21 Billion AUM) Offers Cryptocurrency Exposure to its Clients Through Grayscale

Jul 31 2021 Published at Coingape under tags  bitcoin bitcoin news btcbrl btcbusd btcdai

Wealthfront, a financial institution based in California, has announced an expansion of its digital asset investment menu on Thursday. Reportedly, the company will now include Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) among its other investment options. Wealthfront also noted that they would deliver additional solutions to customers with cryptocurrencies different from BTC The post Wealthfront ($21 Billion AUM) Offers Cryptocurrency...

Jul 30 2021

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 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 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

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 19 2021

Michael Sonnenshein, Grayscale CEO says Bitcoin ETF is a matter of ‘When’ not ‘If’

Jul 19 2021 Published at Coingape under tags  bchabcbtc bchabcusdc bchabcusdt bchbnb bchbrl

Grayscale CEO, Michael Sonnenshein is optimistic about Bitcoin ETF’s future in the US. He has commented saying that institutional investors who have their Bitcoin deposits in the GBTC funds are now insisting on an authorized ETF. Grayscale is now preparing to get the final approval from the government. Talking about the status of Bitcoin ETFs The post Michael Sonnenshein, Grayscale CEO says Bitcoin...

Jul 14 2021

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...

May 03 2021

Grayscale’s Parent Company DCG to Purchase $750M in Grayscale Bitcoin Trust

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

Digital Currency Group (DCG), the parent company of the world's largest crypto asset manager Grayscale has...

Apr 07 2021

Report: $48 Billion Hedge Fund Millennium Management Had GBTC Exposure

Millennium Management, one of the world’s largest hedge funds, reportedly had exposure to Grayscale Bitcoin Trust as NAV fell steeply.Millennium Management, one of the world's largest hedge funds with $48 billion in assets under management, is reported to have had exposure to Grayscale Bitcoin Trust...

Apr 05 2021

Grayscale Announces Intention To Convert GBTC To ETF

Grayscale Investments plans to convert its Grayscale Bitcoin Trust, the world’s largest such product, into a bitcoin exchange-traded fund.Today, digital assets management group Grayscale announced its intention to convert the world’s largest bitcoin trust, GBTC, into an exchange-traded fund (ETF) with regulatory...

Mar 26 2021

Grayscale Bitcoin Trust Hits Record Low Against NAV

Why has the Grayscale Bitcoin Trust hit a record low against net asset value?Shares of the Grayscale Bitcoin Trust (GBTC) hit a new record low against net asset value (NAV) this week, touching as low as negative 14.31 percent as bitcoin continues to face downward pressure, with the asset down 8.02 percent on Thursday.The world's largest bitcoin fund in terms of...

Mar 23 2021

Will Grayscale Bitcoin Trust (GBTC) Flip World’s Largest Gold ETF (GLD) in 2021?

Mar 23 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

With nearly 650K Bitcoins in its kitty, the Grayscale Bitcoin Trust (GBTC) is the world's largest Bitcoin fund with ~$38 billion in assets under management. Over the last year, some aggressive Bitcoin purchases and...

Mar 17 2021

Breaking: GrayScale Investment Announces New Trust for These Five Cryptocurrency

Grayscale Investment, one of the largest cryptocurrency fund managers popular for its Bitcoin Trust has announced a new cryptocurrency trust fund comprising of 5 cryptocurrencies including long-rumored...

Mar 12 2021

The Infamous GBTC Premium Trades Negative for 10th Consecutive Day, Parent Group Announces Share Purchase

Mar 12 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

In an unusual situation shares of the Grayscale Bitcoin Trust (GBTC) have been trading at a discount for the tenth consecutive day. It means that the share price of GBTC is falling faster than the...

Mar 11 2021

On-Chain Analysis: Stablecoin Inflow Dries At Exchanges, Can Bitcoin Bulls Sustain $55k?

On Wednesday, March 10, Bitcoin (BTC) showed strong northward momentum surging over 4% and moving past $57,000 levels. At present Bitcoin is strongly consolidating above $55,500, however, the reducing stablecoin inflows...

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