GBTC
Grayscale Bitcoin Trust ETF
Stock$52.53
+$1.16 (+2.26%)
Current Price (API): $52.53About
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Price History (Last 30 Days)
Latest News & Updates
We have highlighted three ETFs each from the best and worst-performing zones in...
We have highlighted three ETFs each from the best and worst-performing zones in the first half of 2024.
The Securities and Exchange Commission is reportedly on the verge of greenlighti...
The Securities and Exchange Commission is reportedly on the verge of greenlighting exchange-traded funds linked to the spot price of Ethereum (CRYPTO: ETH). What Happened: Discussions between asset managers and regulators are nearing their end and the hotly anticipated investment avenues could go up for listing as soon as July 4, a Reuters report indicated Wednesday. Executives from two of the firms anonymously revealed that the process of amending the offering documents is down to resolving minor issues. A lawyer associated with one of the issuers stated that approval is likely just a week or two away. Eight asset managers, including BlackRock, VanEck, and Grayscale Investments which had previously launched spot Bitcoin (CRYPTO: BTC) ETFs such as iShares Bitcoin Trust (NASDAQ:IBIT), VanEck Bitcoin ...Full story available on Benzinga.com
Bitcoin is a digital currency that’s evolved into a digital store of value with...
Bitcoin is a digital currency that’s evolved into a digital store of value with some characteristics of gold.
The Bitwise Bitcoin ETF is a simple and low-cost means of investing in the top c...
The Bitwise Bitcoin ETF is a simple and low-cost means of investing in the top cryptocurrency.
Cryptocurrencies like Bitcoin and Ethereum exploded in the past 1Y. Investors ca...
Cryptocurrencies like Bitcoin and Ethereum exploded in the past 1Y. Investors can gain exposure through 5 Strong Buy crypto-focused ETFs. Read an analysis here.
A leading Bitcoin ETF might be a smart addition to your portfolio. But it's not...
A leading Bitcoin ETF might be a smart addition to your portfolio. But it's not the only option on the table, so take a look at the advantages of different funds.
In a telling reflection of growing institutional demand for cryptocurrencies, Bi...
In a telling reflection of growing institutional demand for cryptocurrencies, Bitcoin (CRYPTO: BTC) spot exchange-traded funds in the U.S. attracted net inflows for a record-breaking 18th day. What Happened: The 11 investment vehicles tracking the spot prices of the world's largest digital asset saw $217.78 million in positive flows on June 5, according to data from SoSo Value. With this, the total inflows since the ETFs started trading in early January increased to $15.56 billion. More than $62 billion worth of Bitcoins backed these funds, ...Full story available on Benzinga.com
Traders are increasingly pricing in the likelihood of a Fed rate cut as early as...
Traders are increasingly pricing in the likelihood of a Fed rate cut as early as September following data indicating a slowdown in US inflation and a softer job market.
BlackRock Inc.’s iShares Bitcoin Trust (NASDAQ:IBIT) ascended to become the larg...
BlackRock Inc.’s iShares Bitcoin Trust (NASDAQ:IBIT) ascended to become the largest Bitcoin fund globally. The exchange-traded fund (ETF) overtakes long-time leader Grayscale Bitcoin Trust (NYSE:GBTC). This marks a pivotal moment in the competitive landscape of cryptocurrency investment vehicles. IBIT Vs. GBTC: Assets, Bitcoin, Expense Ratio Since its inception in January, IBIT has quickly garnered investor interest, accumulating nearly $20 billion in assets. This rapid growth has been driven by its lower expense ratio and BlackRock’s strong reputation in asset management. As of Tuesday, IBIT manages 288,670 BTC, compared to GBTC’s 287,450 BTC, underscoring its new leadership position in the market. GBTC, which had been the dominant Bitcoin fund, faced challenges due to its structural design as a closed-end fund, leading to significant discounts to its net asset value (NAV). Despite its historical dominance and a peak of $43.6 billion in assets in November 2021, GBTC’s high expense ratio of 1.5% has resulted in substantial outflows, amounting to $105.2 million ...Full story available on Benzinga.com
BlackRock Inc’s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the mo...
BlackRock Inc’s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the most significant Bitcoin fund globally, amassing nearly $20 billion in assets since its U.S. listing earlier this year. As of Tuesday, the fund held $19.68 billion in Bitcoin (CRYPTO: BTC), surpassing the $19.65 billion Grayscale Bitcoin Trust (NYSE:GBTC). Fidelity Investments’ Bitcoin offering stands third with $11.1 billion. The iShares Bitcoin Trust and Fidelity Bitcoin ETFs, launched on January 11, alongside the Grayscale fund’s conversion ...Full story available on Benzinga.com
