Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin and ether exchange-traded products (ETPs) have seen withdrawals for three consecutive weeks. Heavy Withdrawals […]
Category: CoinShares report
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CoinShares remains afloat despite heavy FTX losses: Q4 report
Jean-Marie Mognetti, the CEO of CoinShares, wrote that the FTX bankruptcy “had a significant impact” on the firm’s capacity to deploy its algorithmic trading platform HAL in Europe.
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