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GBTC Holdings Below 500,000 BTC, $2.21 Billion Net Outflows in 13 Trading Days

GBTC, the grayscale Bitcoin spot ETF, experienced net outflows of $2.21 billion in the 30th/13th trading day local time. This is higher than yesterday's net outflows of $192 million. According to official Grayscale data, GBTC's BTC holdings stood at 492,112.4534 BTC after 13 trading days. This is a decrease of 4,461 BTC from the previous day (Jan. 29). The total number of GBTC shares outstanding is 550,730,100, and one GBTC share is worth 0.00089356 BTC. Meanwhile, Bitwise BITB's BTC holdings increased by 501.61 BTC to 14,541.BTC ($6.34 billion) over the same period.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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