Search results for Grayscale Bitcoin Trust
Crypto
Investors shift from large ETFs to mini trusts as flows diverge
Bitcoin spot exchange-traded funds posted net outflows of $173.73 million on April 1, extending withdrawals into the first day of the second quarter. The pullback was concentrated in large products, including BlackRock\'s IBIT and Fidelity\'s FBTC, while Grayscale\'s low-fee Bitcoin Mini Trust recorded net inflows. Ether spot ETFs also saw outflows that day. In the first quarter, ether spot ETFs logged their weakest quarter since launch, while bitcoin fell about 22 percent.
Crypto
Grayscale lists Avalanche staking ETF on Nasdaq
Grayscale has listed its Avalanche staking exchange-traded fund, GAVA, on Nasdaq, The Block reported on March 12. The fund is designed to hold Avalanche’s native token, AVAX, and generate rewards through staking. Grayscale said GAVA complements its lineup of more than 40 digital asset products and offers investors exposure to a major smart contract platform. Grayscale had about $35 billion in assets under management at end-2025.
Crypto
40% of bitcoin treasury firms trade below value of bitcoin holdings
Shares of listed companies that hold large amounts of bitcoin are increasingly trading below the net asset value (NAV) of their bitcoin holdings. Crypto macro analyst Alex Kruger estimates at least 37 of the top 100 bitcoin-holding listed firms, about 40%, are in such discounted trading. He compared the structure to the period before the Grayscale Bitcoin Trust premium collapse in 2020. MicroStrategy trades about 17% below its bitcoin holdings value.