Category: gbtc

Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings

Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings

The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. 8295 Total views 483 Total shares New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s […]

Continue Reading

Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?

Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?

Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020. Many analysts, including those from BiotechValley Insights, see “terrible technicals” in the Bitcoin market, noting that the flagship cryptocurrency could extend its ongoing decline until $20,000. Nevertheless, Glassnode Insights, […]

Continue Reading