Grayscale Replaces CEO as GBTC Bleeds Assets
Yahoo Finance · 6 days ago
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1 day ago · GBTC to ETF Transition: Outflows and ETHE Discount Concerns. GBTC, upon its conversion to an ETF on January 11, experienced outflows amounting to 23% of its assets under management (AUM) within the first month, totaling $6.5 billion. Given ETHE's AUM of $11 billion, a similar magnitude of outflows could be expected.
4 hours ago · GBTC's transition to an ETF earlier this year saw outflows totaling $6.5 billion in its first month, shaping ETHE's projected outflows. Digital asset management giant, Grayscale’s upcoming Ether ETF, ETHE, could see substantial outflows averaging $110 million daily, akin to its Bitcoin counterpart’s experience, according to Kaiko analysts ...
4 hours ago · The Grayscale Bitcoin Trust (GBTC) converted from a closed-end fund to an ETF on Jan. 11, which saw 23% of its assets under management at launch flow out in the first month — totaling $6.5 ...
1 day ago · As of May 23, ETF holdings totaled 1,057,039 BTC. Grayscale’s GBTC leads with over 291,000 BTC, followed closely by BlackRock’s IBIT with 279,500 BTC. Recent data from Arkham Intelligence shows increases: GBTC now holds 293,000 BTC, while IBIT owns 284,526 BTC. Read more: How To Trade a Bitcoin ETF: A Step-by-Step Approach
1 day ago · Yea and the inverse ETF’s seem to be high also. But look at GBTC they are still sitting at 1.5 percent, because they say they are experts on Crypto they can charge more. Those people have to be nuts paying that now. Andy
4 hours ago · Grayscale’s upcoming spot Ether (ETH) ETF could see daily outflows of around $110 million if it follows the same trend as the Grayscale Bitcoin Trust (GBTC) did when it converted to an ETF. After the conversion on January 11, GBTC experienced a 23% outflow of its assets, amounting to $6.5 billion in the first month.
1 day ago · By comparison, Grayscale’s Bitcoin fund, GBTC, saw outflows amounting to $6.5 billion or 23% of its AUM during its first month of trading as an ETF. Furthermore, other ETFs’ inflows offset or exceeded GBTC outflows by the end of January. Hong Kong ETFs. Kaiko also drew attention to Hong Kong’s ETH ETFs.
