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This Wall Street Giant Has Increased its Bitcoin ($BTC) Exposure by 105% Since April

The demand for Bitcoin ($BTC) has skyrocketed among Wall Street giants this bull season. The majority of institutional investors watched the 2017 BTC rally from the sidelines calling it a bubble waiting to burst. However, when that didn’t happen and BTC more than tripled its ATH in 2021 even former critics of the top cryptocurrency

The demand for Bitcoin ($BTC) has skyrocketed among Wall Street giants this bull season. The majority of institutional investors watched the 2017 BTC rally from the sidelines calling it a bubble waiting to burst. However, when that didn’t happen and BTC more than tripled its ATH in 2021 even former critics of the top cryptocurrency

Bitcoin News
Bitcoin News

Breaking: Bill Miller Owned Miller Opportunity Trust Reveals 1.5 Million $GBTC Share Holdings

Miller Opportunity Trust, a hedge fund owned by billionaire investor Bill Miller revealed it holds 1.5 million shares of Grayscale’s premium Bitcoin investment product $GBTC. The $GBTC holdings of the hedge fund take its Bitcoin investment to worth $58 million or nearly 1,200 Bitcoin. The firm revealed its $GBTC holdings in an SEC filing on

Miller Opportunity Trust, a hedge fund owned by billionaire investor Bill Miller revealed it holds 1.5 million shares of Grayscale’s premium Bitcoin investment product $GBTC. The $GBTC holdings of the hedge fund take its Bitcoin investment to worth $58 million or nearly 1,200 Bitcoin. The firm revealed its $GBTC holdings in an SEC filing on

Bitcoin ETF
Bitcoin News
Bitcoin ETF
Bitcoin News

Breaking: $364 Billion ETF Manager Invesco Files For Bitcoin Strategy ETF

Invesco, a $364 billion ETF manager has become the latest institutional giant to file for a Bitcoin ETF in the US. The ETF manager filed for a Bitcoin Strategy ETF under Act 40 with the US SEC. The said ETF would hold Bitcoin Futures, Grayscale’s $GBTC shares, and Canadian Purpose Bitcoin ETF. Invesco already operates

Invesco, a $364 billion ETF manager has become the latest institutional giant to file for a Bitcoin ETF in the US. The ETF manager filed for a Bitcoin Strategy ETF under Act 40 with the US SEC. The said ETF would hold Bitcoin Futures, Grayscale’s $GBTC shares, and Canadian Purpose Bitcoin ETF. Invesco already operates

bitcoin
Bitcoin News
bitcoin
Bitcoin News

GBTC Premium Rebounds Sharply With Bitcoin (BTC) Price Rise, Whale Buying Continues

On Monday, July 26, the Bitcoin (BTC) price registered a strong recovery on its way to $40,000. This price rebound happened through a short squeeze with over $600 million in short positions getting liquidated in an hour’s time. As a result, the Grayscale Bitcoin Trust (GBTC) premium registered a sharp rebound. Moving closer to the

On Monday, July 26, the Bitcoin (BTC) price registered a strong recovery on its way to $40,000. This price rebound happened through a short squeeze with over $600 million in short positions getting liquidated in an hour’s time. As a result, the Grayscale Bitcoin Trust (GBTC) premium registered a sharp rebound. Moving closer to the

Grayscale
Bitcoin News
Grayscale
Bitcoin News

Is Grayscale Selling Bitcoin (BTC) FUD Over?

Grayscale Bitcoin Trust (GBTC) unlock has been the topic of discussion in the crypto sphere for the past couple of weeks as many expected the unlocking of shares after 6-months could have a bearish outcome on the Bitcoin price. However, contrary to mainstream belief BTC price has managed to escape any sell-off during the unlock

Grayscale Bitcoin Trust (GBTC) unlock has been the topic of discussion in the crypto sphere for the past couple of weeks as many expected the unlocking of shares after 6-months could have a bearish outcome on the Bitcoin price. However, contrary to mainstream belief BTC price has managed to escape any sell-off during the unlock

Bitcoin News
Bitcoin News

Cathie Wood’s Ark Invest Buys Additional 300K Shares of the Grayscale Bitcoin Trust (GBTC)

While Bitcoin (BTC) continues to trade under pressure, institutions are back at buying the dips once again. On Monday, July 19, Cathie Wood’s Ark Investment purchased an additional 300K of the Grayscale Bitcoin Trust (GBTC). As reported by The Street citing the subscription to Ark’s trading activity, the investment firm purchased 310,067 shares of GBTC at the

While Bitcoin (BTC) continues to trade under pressure, institutions are back at buying the dips once again. On Monday, July 19, Cathie Wood’s Ark Investment purchased an additional 300K of the Grayscale Bitcoin Trust (GBTC). As reported by The Street citing the subscription to Ark’s trading activity, the investment firm purchased 310,067 shares of GBTC at the

Bitcoin Fund
Bitcoin News
Bitcoin Fund
Bitcoin News

Rothschild Investment Purchased Over 100K Shares of Grayscale Bitcoin Trust (GBTC) Last Quarter

The GBTC unlock has created a major buzz in the crypto space over the last week weeks about how it shall affect the price of Bitcoin (BTC). However, it turns out that institutional players continue to have an interest in Grayscale crypto products. As per the SEC filing on Monday, July 19, Chicago-based institutional player

The GBTC unlock has created a major buzz in the crypto space over the last week weeks about how it shall affect the price of Bitcoin (BTC). However, it turns out that institutional players continue to have an interest in Grayscale crypto products. As per the SEC filing on Monday, July 19, Chicago-based institutional player

bitcoin
Bitcoin News
bitcoin
Bitcoin News

JPMorgan: GBTC June-End Expiry Can Put Further Downward Pressure on Bitcoin (BTC) Price

The Grayscale Bitcoin Trust (GBTC) is heading for the expiry of the six-month lock-up period for its shares by June end. JPMorgan analysts think that this can possibly create further downward pressure on the price of Bitcoin (BTC). In a note on Wednesday, June 23, JPMorgan strategist Nikolaos Panigirtzoglou writes that the unlocking could possibly

The Grayscale Bitcoin Trust (GBTC) is heading for the expiry of the six-month lock-up period for its shares by June end. JPMorgan analysts think that this can possibly create further downward pressure on the price of Bitcoin (BTC). In a note on Wednesday, June 23, JPMorgan strategist Nikolaos Panigirtzoglou writes that the unlocking could possibly

Grayscale
Bitcoin News
Grayscale
Bitcoin News

The GBTC Discount Narrows Down By 66% In A Week Following Ark Investments’ Purchase

On Tuesday, the Bitcoin (BTC) price tanked under $30,000 levels wiping out all its 2021 gains. This gave many investors the opportunity to buy the dips and increase their holdings. As Glassnode reported, the GBTC Discount has narrowed down by 66% over the last week. Last Friday, June 18, the GBTC product was trading at

On Tuesday, the Bitcoin (BTC) price tanked under $30,000 levels wiping out all its 2021 gains. This gave many investors the opportunity to buy the dips and increase their holdings. As Glassnode reported, the GBTC Discount has narrowed down by 66% over the last week. Last Friday, June 18, the GBTC product was trading at

Grayscale-Ethereum-Trust-ETHE
Bitcoin News
Grayscale-Ethereum-Trust-ETHE
Bitcoin News

Grayscale Bitcoin Trust Zero Inflow Suggest Institutions are Looking for Regulated Alternatives

Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a

Grayscale, the world’s leading crypto asset manager has seen zero inflow into its premiere Bitcoin product since late February when the premium turned negative. The Grayscale Bitcoin Trust (GBTC) was one of the most sought-after institutional Bitcoin investment products in absence of any better-regulated alternatives, and the high demand for these often led to a

GBTC vs GLD
Bitcoin News
GBTC vs GLD
Bitcoin News

Will Grayscale Bitcoin Trust (GBTC) Flip World’s Largest Gold ETF (GLD) in 2021?

With nearly 650K Bitcoins in its kitty, the Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin fund with ~$38 billion in assets under management. Over the last year, some aggressive Bitcoin purchases and massive BTC price rally has helped GBTC gain huge market dominance. If GBTC continues at this rate, it can flip the

With nearly 650K Bitcoins in its kitty, the Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin fund with ~$38 billion in assets under management. Over the last year, some aggressive Bitcoin purchases and massive BTC price rally has helped GBTC gain huge market dominance. If GBTC continues at this rate, it can flip the

Grayscale
Bitcoin News
Grayscale
Bitcoin News

The Infamous GBTC Premium Trades Negative for 10th Consecutive Day, Parent Group Announces Share Purchase

In an unusual situation shares of the Grayscale Bitcoin Trust (GBTC) have been trading at a discount for the tenth consecutive day. It means that the share price of GBTC is falling faster than the underlying cryptocurrency. The $GBTC premium remains negative for the 10th day in a row.#Bitcoin Chart: https://t.co/Sygy1AcLLH pic.twitter.com/N7SqNh5X2C — glassnode (@glassnode)

In an unusual situation shares of the Grayscale Bitcoin Trust (GBTC) have been trading at a discount for the tenth consecutive day. It means that the share price of GBTC is falling faster than the underlying cryptocurrency. The $GBTC premium remains negative for the 10th day in a row.#Bitcoin Chart: https://t.co/Sygy1AcLLH pic.twitter.com/N7SqNh5X2C — glassnode (@glassnode)

Bitcoin News
Bitcoin News

On-Chain Analysis: Stablecoin Inflow Dries At Exchanges, Can Bitcoin Bulls Sustain $55k?

On Wednesday, March 10, Bitcoin (BTC) showed strong northward momentum surging over 4% and moving past $57,000 levels. At present Bitcoin is strongly consolidating above $55,500, however, the reducing stablecoin inflows and dropping USDT supply at the exchanges can put downward pressure on Bitcoin (BTC). As CoinGape reported yesterday, the short-term whale SOPR shows signs

On Wednesday, March 10, Bitcoin (BTC) showed strong northward momentum surging over 4% and moving past $57,000 levels. At present Bitcoin is strongly consolidating above $55,500, however, the reducing stablecoin inflows and dropping USDT supply at the exchanges can put downward pressure on Bitcoin (BTC). As CoinGape reported yesterday, the short-term whale SOPR shows signs

Altcoin News
Altcoin News

Chinese Crypto Exchange Huobi Plans Its Owns Grayscale-Like Crypto Funds for Asia

As the Asian cryptocurrency market continues to mature, Asia’s biggest crypto trading platform Huobi cites an opportunity here! As per the latest info from Chinese journalist Wu Blockchain, Huobi Global is planning to launch cryptocurrency funds similar to Grayscale, but for the Asia markets. The announcement by the reporter states: “Breaking: China’s largest exchange Huobi

As the Asian cryptocurrency market continues to mature, Asia’s biggest crypto trading platform Huobi cites an opportunity here! As per the latest info from Chinese journalist Wu Blockchain, Huobi Global is planning to launch cryptocurrency funds similar to Grayscale, but for the Asia markets. The announcement by the reporter states: “Breaking: China’s largest exchange Huobi

Bitcoin News
Bitcoin News

Bitcoin (BTC) Tops $56,300, Here Are Bullish and Bearish Cases for Its Next Journey to $65,000

The world’s largest cryptocurrency Bitcoin (BTC) continues its surge to hit its new all-time high above $56,300 levels. At press time, Bitcoin (BTC) is trading 8.9% up at a price of $55,701 with a market cap of $1038 trillion. The recent price has helped Bitcoin (BTC) to become the first cryptocurrency trillion-dollar asset in the

The world’s largest cryptocurrency Bitcoin (BTC) continues its surge to hit its new all-time high above $56,300 levels. At press time, Bitcoin (BTC) is trading 8.9% up at a price of $55,701 with a market cap of $1038 trillion. The recent price has helped Bitcoin (BTC) to become the first cryptocurrency trillion-dollar asset in the

Bitcoin News
Bitcoin News

German Firm SynBiotic SE Invests In Bitcoin (BTC) Citing Concerns of Currency Devaluation

SynBiotic SE becomes the first public-listed firm in Germany to shift part of its free liquidity in the world’s largest cryptocurrency Bitcoin (BTC). The announcement comes on Tuesday, February 16, citing the massive money printing by the European central bank in recent times. Thus, citing high chances of further inflation and Euro devaluation, SynBiotic SE

SynBiotic SE becomes the first public-listed firm in Germany to shift part of its free liquidity in the world’s largest cryptocurrency Bitcoin (BTC). The announcement comes on Tuesday, February 16, citing the massive money printing by the European central bank in recent times. Thus, citing high chances of further inflation and Euro devaluation, SynBiotic SE

Bitcoin News
Bitcoin News

Miller Value Funds ($3.5 B AUM) Files With SEC to Buy Bitcoin via GBTC

Miller Value Fund, an asset management firm with $3.5 billion in AUM has filed with the Securities and Exchange Commission (SEC) to purchase Bitcoin via Grayscale Bitcoin Trust. The official filing contained extensive discussions on bitcoin and also revealed that their Opportunity Trust Fund is looking to invest in Bitcoin. The Miller Value Partners is

Miller Value Fund, an asset management firm with $3.5 billion in AUM has filed with the Securities and Exchange Commission (SEC) to purchase Bitcoin via Grayscale Bitcoin Trust. The official filing contained extensive discussions on bitcoin and also revealed that their Opportunity Trust Fund is looking to invest in Bitcoin. The Miller Value Partners is

Altcoin News
Altcoin News

Bitcoin (BTC) Social Interest Drops Amid Altcoin Mania But Whale Accumulation Continues

Bitcoin (BTC) has been playing a catch-up rally with Ethereum (ETH) on Thursday and surged around 4% to move past $37,500 levels. With Bitcoin consolidation for a while and the altcoin mania recently picking up, the social interest for Bitcoin has dropped in recent times. As noted by Santiment, Bitcoin’s social discussion rates compared to

Bitcoin (BTC) has been playing a catch-up rally with Ethereum (ETH) on Thursday and surged around 4% to move past $37,500 levels. With Bitcoin consolidation for a while and the altcoin mania recently picking up, the social interest for Bitcoin has dropped in recent times. As noted by Santiment, Bitcoin’s social discussion rates compared to

Grayscale
Altcoin News
Grayscale
Altcoin News

Grayscale’s Asset Under Management Clocks Over $30 Billion, Bitcoin Trust (GBTC) Contribution Drops

World’s largest digital asset manager Grayscale has updated that the company’s net assets under management for all its crypto trust products have just moved above $30.1 billion. The Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum (ETHE) are the two biggest products contributing over 95% of the company’s total crypto holdings. 02/04/21 UPDATE: Net Assets

World’s largest digital asset manager Grayscale has updated that the company’s net assets under management for all its crypto trust products have just moved above $30.1 billion. The Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum (ETHE) are the two biggest products contributing over 95% of the company’s total crypto holdings. 02/04/21 UPDATE: Net Assets