Bitcoin’s outlook remains bullish despite macro setback: Grayscale
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said. Go to Source
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations. Go to Source
While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days. Go to Source
Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025. Go to Source
The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets. Go to Source
Crypto ETPs recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024. Go to Source
The new funds add to Grayscale’s expanding suite of single-asset crypto products. Go to Source
The US financial regulator is soliciting comments on NYSE’s application to list Bitwise’s cryptocurrency index ETF. Go to Source
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management. Go to Source
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges. Go to Source