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On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF.” Transforming Grayscale’s $34 Billion Bitcoin … Read more
The company is renewing its push for a U.S. ETF but offered no specific guarantees or promises. Go to Source Powered by WPeMatico
While bitcoin prices have been consolidating just under the $60k handle, a number of other alternative digital assets have seen steep gains. Two coins, in particular, the decentralized storage network filecoin token and the notorious meme token dogecoin have jumped well over 10% during the last 24 hours. On Thursday, April 1, 2021, otherwise known … Read more
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. Go to Source Powered by WPeMatico
Demand for Bitcoin remains solid and is fuelling a “supply shock” that shows no sign of abating, even at $50,000 and higher. Go to Source Powered by WPeMatico
Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering. Go to Source Powered by WPeMatico
Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. Go to Source Powered by WPeMatico
Institutional inflows have declined 59% this past week, but AUM is at an all-time high. Go to Source Powered by WPeMatico
Bitcoin bulls are making a renewed push toward $60,000 after the Federal Reserve and Morgan Stanley made announcements that could bode well for BTC price. Go to Source Powered by WPeMatico
Grayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new products are the Basic Attention Token (BAT) Trust, the Chainlink (LINK) Trust, the Decentraland (MANA) Trust, the Filecoin (FIL) Trust, … Read more