Grayscale Is Sending Bitcoin to Coinbase in $500 Million Clips—Here’s Why
Cash continues to flow out from Grayscale's Bitcoin ETF, while other funds see gains. Here's what's going on.
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
Spot Bitcoin ETFs pull in $175.6 million as ether funds add $24.8 million
The inflows into Bitcoin and ether ETFs highlight growing institutional interest, potentially stabilizing and legitimizing the cry...
Coinbase Calls for Early Bitcoin Migration to Quantum Security
Coinbase, which safeguards 5% of all Bitcoin for clients including banks, asset managers, and hedge funds, wants the network to be...
Ethereum Price Prediction: Tom Lee Warns of ETH Drawdown After Kospi Bloodbath
Ethereum is trading at the $2,500 level as Tom Lee warns that Korea’s equity rout could spill into crypto, a bearish price predict...
Coinbase’s Base launches “Earn & Borrow” for Ethereum layer-2 apps
The integration could boost Ethereum's utility and market perception, potentially influencing its adoption and future valuation po...
Australia moves to close crypto derivatives loophole after retail traders lose A$458 million
Australia's markets regulator proposed extending retail leverage restrictions to crypto-settled derivatives amid mounting losses a...
Bitcoin’s quantum-safe protection gets 82% cheaper as researchers race to secure 6 million exposed BTC
Researchers have cut the estimated computing cost of a specialized quantum-safe Bitcoin transaction by 82% to $59. Data from the Q...