Fidelity rumored to make “seismic” crypto move soon
Rumors are Fidelity will buy out Grayscale or file a spot Bitcoin ETF application, as BlackRock did last week. Fidelity is rumored to be planning…
Tag: GBTC
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said. Grayscale Bitcoin Trust’s…
$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. Bitcoin (BTC) and…
BlockFi’s Bitcoin Trust Takes Aim at GBTC
The fund charges a 1.75% management fee and offers custody from Fidelity Digital Asset Services. Crypto lender BlockFi has launched its bitcoin trust with an…
Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC
Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin…
Could Bitcoin ETN’s Large Premium to BTC be a Sign of Institutional Buying?
Over the past year discussions of a Bitcoin ETF being approved by regulatory authorities in the US has dominated the news cycle and has even – on…
Fidelity Launches Cryptocurrency Services Company For Institutional Investors
Bitcoin and other cryptocurrency prices soared Monday after Fidelity announced the launch of a new company that could help increase access to digital currencies. What…