Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market.
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The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market.
Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment.
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.
The new business is the latest of several digital asset companies Deus X Capital has a hand in.
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
