Search results for Grayscale Bitcoin Trust
Crypto
Bitcoin spot ETFs snap two-week streak of net outflows led by BlackRock
Bitcoin spot exchange-traded funds posted net inflows of $526.7 million on Oct. 20, the biggest daily intake in about a month. Cointelegraph reported the move reversed two straight weeks of weekly net outflows. BlackRock’s iShares Bitcoin Trust led inflows with $665.2 million, while Fidelity’s FBTC and Grayscale’s GBTC recorded outflows. October totals for bitcoin spot ETFs remain in net outflow. Ethereum spot ETFs also saw outflows on the day.
Crypto
BlackRock buys $1.08 billion of bitcoin in 20 days as Grayscale wobbles
Asset manager BlackRock has bought an additional $1.08 billion worth of bitcoin over the past 20 days, increasing its holdings to 785,900 BTC. The purchases coincided with steady institutional inflows into its spot bitcoin ETF, iShares Bitcoin Trust (IBIT), and were made across seven ETF trading days in the past month, Arkham Intelligence data showed. Over the same period, Grayscale Bitcoin Trust posted net outflows of about $254.7 million.
Crypto
Bitcoin spot ETFs\' inflow streak ends as failure to reclaim $80,000 adds uncertainty
U.S.-listed bitcoin spot exchange-traded funds recorded a net outflow of $263 million, ending a nine-session streak of inflows. Bitcoin slipped below $77,000 and failed to reclaim $80,000. Outflows were concentrated in major products, led by Fidelity’s FBTC. Ethereum spot ETFs also saw outflows, while no new money entered XRP or Solana spot ETFs. An analysis cited forced liquidations in derivatives markets as a key driver of the recent drop.
