Grayscale

Jersey City mayor Steven Fulop announced allocating a portion of the city's pension fund to Bitcoin spot exchange-traded funds (ETF,) becoming just the second pension fund after Wisconsin to get exposure to the price moves of the apex cryptocurrency. What Happened: The mayor informed Thursday that...

Grayscale took a strategic step by cutting its proposed fee for its spot Ethereum (CRYPTO: ETH) ETF by a significant 40%, thereby trying to gain an edge over competitors in the imminent asset race. What Happened: Grayscale revised its intended sponsor fee for the Ethereum Mini Trust to 0.15%, a...

U.S.-based Bitcoin (CRYPTO: BTC) spot exchange-traded funds experienced net outflows for the fifth consecutive day, signaling weak investor sentiment in the world's largest digital currency. What Happened: The 11 investment vehicles tracking Bitcoin's spot price saw a net exit of nearly $140...

In a telling reflection of growing institutional demand for cryptocurrencies, Bitcoin (CRYPTO: BTC) spot exchange-traded funds in the U.S. attracted net inflows for a record-breaking 18th day.  What Happened: The 11 investment vehicles tracking the spot prices of the world's largest digital...

BlackRock Inc.’s iShares Bitcoin Trust (NASDAQ:IBIT) ascended to become the largest Bitcoin fund globally. The exchange-traded fund (ETF) overtakes long-time leader Grayscale Bitcoin Trust (NYSE:GBTC). This marks a pivotal moment in the competitive landscape of cryptocurrency investment...

Grayscale Investments on Monday announced that Michael Sonnenshein will step down as CEO, effective Aug. 15, later this year. Former Goldman Sachs (NYSE:GS) executive Peter Mintzberg will take over the role. Benzinga has reached out to Sonnenshein for a comment. Grayscale’s Chief Financial...

Grayscale CEO Michael Sonnenshein on Friday shared plans for the company’s Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust (OTC:GBTC), to eventually reduce its management fees. What Happened: Currently, GBTC charges the highest fees among all U.S. spot Bitcoin ETFs at 1.5%...

Grayscale, the world’s largest digital currency manager, is seeing a potential slowdown in outflows from its flagship ETF. What Happened: Speaking on a Reuters podcast, the company’s CEO Michael Sonnenshein suggested that the turbulence caused by the liquidation of assets from bankrupt...

Shiba Inu (CRYPTO: SHIB) erased one zero from its price by spiking over 10% on the day amid a Shiba Inu ETF petition by its community. What Happened: Per CoinGecko data, Shiba Inu saw an 10.7% surge taking its price to $0.00001059, breaking the psychological resistance of dropping...

CNBC TV host Jim Cramer made a post on Monday that has been linked by cryptocurrency enthusiasts to the possibility of a comment on Bitcoin (CRYPTO: BTC). What Happened: Cramer on Monday said on X, “Next to the trillion dollar level? Tonight." Next to the trillion dollar level? Tonight...

The upcoming Bitcoin (CRYPTO: BTC) halving event is "actually different" from previous ones, according to Grayscale Investments, the world's largest crypto asset manager. In the firm's latest report, recent regulatory approval of spot Bitcoin exchange traded funds, or...

Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) offered by BlackRock Inc. (NYSE: BLK) and Fidelity are outperforming Grayscale's GBTC. That's according to a JPMorgan research report cited by Coindesk on Wednesday. Grayscale’s GBTC (OTC: GBTC) will likely...

Editor’s note: This article has been updated to correct Joey Garcia’s title at Xapo Bank and the spelling of Stefan Rust’s name. The ‘Crypto & Blockchain Outlook in 2024‘ event hosted by Benzinga spotlighted the critical issue facing the crypto world...

Have you found yourself asking what the future of crypto and blockchain holds this year? If so, join the Benzinga Crypto and Blockchain Outlook in 2024 virtual event at 11 a.m. ET on Thursday, Jan. 25. This webinar features an impressive lineup of industry experts, each bringing unique...

CNBC "Mad Money" host Jim Cramer reiterated his cautious stance on Bitcoin (CRYPTO: BTC) prices and its inability to regain stability. What Happened: Bitcoin is down 20% since its spot ETFs launched, but Cramer's new theme is "Number Go Down:" Now that Bitcoin'...