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Some outflows were also tied to the wave of bankruptcies in the crypto industry, as companies that collapsed in the last two years pulled money out of the fund to repay their creditors.
(Reuters) - Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund (ETF) that tracks the price of bitcoin saw its first day of inflow since January. The move marks a major milestone for GBTC, which...
Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund that tracks the price of bitcoin saw its first day of inflow since January. The...
The spin-off is part of a bid to offer investors lower-fee exposure to bitcoin, according to a person familiar with the matter.
Digital asset manager Grayscale Investments said on Tuesday it was contemplating a spin-off of its spot bitcoin exchange-traded fund , the Grayscale Bitcoin Trust , which has been lagging peers...