US Global Investors bought crypto exposure through Grayscale funds
The investment firm already has significant exposure to gold, minerals, precious metals, petroleum, and other natural resources. Go to Source Powered by WPeMatico
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Grayscale Bitcoin Trust FUD is now over as the last GBTC unlock totals just 58 BTC
What was once a major bearish narrative exits via the tradesman’s entrance after failing to have any impact on Bitcoin markets. Go to Source Powered by WPeMatico
Institutional investors bet big on Solana while BTC outflows persist
Solana represented one-third of total inflows to institutional crypto investment products this past week. Go to Source Powered by WPeMatico
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. Go to Source Powered by WPeMatico
3 reasons why Ethereum is unlikely to flip Bitcoin any time soon
For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it’s still nothing more than a guessing game. Go to Source Powered by WPeMatico
JPMorgan now offers clients access to six crypto funds … but only if they ask
JPMorgan now offers access to six different crypto funds from GrayScale, Osprey Funds and NYDIG. Go to Source Powered by WPeMatico
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under management (AUM) between 13 different digital currencies. While the asset manager has … Read more
Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts
On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). … Read more
$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. Go to Source Powered by WPeMatico
GBTC premium matches Bitcoin price crash levels as unlocking fear fades
Funds are flowing back into GBTC, data suggests, as CEO Sonnenshein reiterates plans to turn Grayscale crypto funds into ETFs. Go to Source Powered by WPeMatico