Institutional crypto managers report record AUM despite U.S. inflows plummeting
Institutional inflows have declined 59% this past week, but AUM is at an all-time high. Go to Source Powered by WPeMatico
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$60K Bitcoin price back in sight after Morgan Stanley and Fed announcements
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 Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars
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
Filecoin gains 40% in 48 hours: What’s driving the massive FIL price rally?
FIL, the native token of the Filecoin ecosystem, rallied by 40% in the past two days, catalyzed by two likely factors. Go to Source Powered by WPeMatico
Digital asset investment products hit record $4.2B inflows already this quarter
Bitcoin dominates but Ethereum is growing in popularity for institutional investment products. Go to Source Powered by WPeMatico
Grayscale halts GBTC inflow after record 15% discount
Just a few days after GBTC traded at a 15% discount to its BTC equivalent, Grayscale Investments has temporarily closed the trust to investors. Go to Source Powered by WPeMatico
Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares
In a further sign of a shake-up in the institutional market, DCG is eyeing the purchase along with hiring ETF specialists. Go to Source Powered by WPeMatico
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is a significant reversal from … Read more
Experts divided on BTC predictions: Bullish or super bullish?
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Go to Source Powered by WPeMatico
Litecoin is trading at a 1,800% premium via Grayscale’s LTC Trust — But why?
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale’s Litecoin Trust. Go to Source Powered by WPeMatico