Grayscale rebalances DeFi Fund dropping Balancer (BAL) and UMA
Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021. Go to Source Powered by WPeMatico
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Bitcoin holdings of public companies have surged in 2021
The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategy’s “Bitcoin for Corporations” conference during Feb 2021. Go to Source Powered by WPeMatico
Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs, and Countries — Treasuries … Read more
Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse
Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates, and wondered what the future will bring. Musk … Read more
Biggest GBTC discount ever — 5 things to watch in Bitcoin this week
Uncertainty across the board means an unusual end to a bull market Q4 for Bitcoin this year, but a price floor may be closer than many think. Go to Source Powered by WPeMatico
SEC delays decisions on Bitwise and Grayscale’s Bitcoin ETFs
The SEC now expects to decide whether to approve or disapprove Bitwise and Grayscale’s Bitcoin exchange-traded offerings in early February. Go to Source Powered by WPeMatico
US lawmaker purchases exposure to Bitcoin through Grayscale shares
Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global’s COIN shares. Go to Source Powered by WPeMatico
Grayscale finds that over 25% of US households surveyed currently own Bitcoin
The launch of a Bitcoin ETF played a pivotal role in the rise of BTC adoption. Go to Source Powered by WPeMatico
Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs
A letter to the secretary of the SEC outlines discrepancies in its rejection of Bitcoin spot ETFs and acceptance of Bitcoin futures ETFs. Go to Source Powered by WPeMatico
Solana price eyes $300 as Grayscale launches SOL-backed trust
The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market. Go to Source Powered by WPeMatico