More Woes for Grayscale Investors as Largest Bitcoin Fund Hits New All-Time Low
Grayscale Bitcoin Trust (GBTC) is now trading at a record discount of more than 35% compared to the value of the underlying asset.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Europe’s Largest Asset Manager Amundi Brings €22.8B STOXX Europe 600 Fund to Ethereum
Key Takeaways: Amundi began a tokenized STOXX Europe 600 fund share class on Ethereum. The number of assets in the underlying inde...
Russia’s central bank approves Bitcoin, Ether and USDT trading for retail investors
Russia's move could boost crypto adoption, influencing global regulatory trends and potentially reshaping retail investment landsc...
Paraguay Bank Collapse Shows Why Bitcoin Was Created as USDT Hits Premium
Paraguay bank crisis is showing why Bitcoin was created in the first place. USDT sellers reportedly demanded premiums of up to 13%...
Morpho hits record $4.1 billion in USDC deposits
Morpho's record USDC deposits highlight DeFi's growing role in stablecoin management, but reliance on major platforms poses concen...
Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%
Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million o...
Bitcoin ETF Outflows Hit $430M as Hong Kong Expands Its BTC Market
Bitcoin ETF outflows reached $430.2 million at the end of Thursday, as institutional investors continued withdrawing capital from...