Purpose Bitcoin ETF – DIGIT INFO

Why is Wall Street becoming less interested in Grayscale’s Bitcoin Trust?

DIGIT — Thu, 03 Jun 2021 11:18:41 +0000

BTC demand via Grayscale Bitcoin Trust is dropping for several key reasons.

Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies

DIGIT — Sun, 07 Mar 2021 12:00:05 +0000

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

North American Bitcoin ETF’s First Trading Day Captures $165M in Volume

DIGIT — Fri, 19 Feb 2021 15:00:10 +0000

The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions. Purpose Bitcoin ETF Captures $165 Million in Volume […]

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Canada Has Approved Two Bitcoin ETFs — First One Starts Trading Today

DIGIT — Thu, 18 Feb 2021 13:15:56 +0000

Two bitcoin exchange-traded funds (ETFs) have been approved in Canada. Evolve Bitcoin ETF has become the second bitcoin ETF to get approval by Canada’s securities regulator. The first approved bitcoin ETF starts trading Thursday. Some believe that the approval of bitcoin ETFs in Canada improves the chances of one being approved by the U.S. Securities […]

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NYDIG Registers for a Bitcoin ETF, Morgan Stanley Named a Participant in SEC Filing

DIGIT — Tue, 16 Feb 2021 21:30:04 +0000

Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space. A week later after that statement, NYDIG has revealed that the company has filed for a bitcoin exchange-traded fund (ETF) and […]

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