Spot Bitcoin ETF holdings surge, led by BlackRock's IBIT, signaling high investor demand.
The financial industry is witnessing an unprecedented spike in Bitcoin ETF demand, according to Grayscale CEO Michael Sonnenshein.
Bloomberg analysts note increased spot Bitcoin ETF trading at week's start, amid market volatility, suggesting rising Bitcoin appeal.
Digital asset investment products saw $598 million in weekly inflows, surpassing $5.7 billion in year-to-date investments.
Grayscale CEO anticipates the imminent launch of a spot Ethereum ETF, citing regulatory collaboration and success with Bitcoin ETFs.
Coinbase urges SEC to list Grayscale spot Ethereum ETF, emphasizing ETH as a commodity, not a security.
According to Arkham, Grayscale shuffles Bitcoin with a new transfer of 4,018.2 BTC (~US$209M) to Coinbase Prime Deposit and 821.1…
The Grayscale crypto trusts include Grayscale Bitcoin Cash Trust, Grayscale Chainlink Trust, Grayscale Litecoin Trust, Grayscale Solana Trust.
BlackRock's iShares Bitcoin Trust leads with a $374.7 million inflow, while Grayscale GBTC faces outflows due to high fees.
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