Grayscale Bitcoin Trust

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GBTC is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin.

Bitcoin's capital flow story is off to a rough start in September. Utilizing data from The Block and CoinShares, I suspect over $1 billion in investment capital has left BTC. Network metrics and election uncertainty potentially explain the capital flow problem. However, seasonality for BTC, and by extension GBTC, should bode well through Q4. As BTC-proxy, GBTC works and will likely rise with price appreciation in the coin. But that's the only real reason to hold GBTC at this juncture.

GBTC: Capital Flows And Network Data

ARK 21Shares Bitcoin ETF

ARK Web x.0 ETF

Proshares Bitcoin & Ether Equal Weight Strategy Etf

Proshares Bitcoin & Ether Strategy Etf

Bitwise Bitcoin ETP Trust

Bitwise Bitcoin Strategy Optimum Roll ETF

ProShares Bitcoin Strategy ETF

Bitwise Crypto Innovators ETF

Global X Blockchain & Bitcoin Strategy ETF

Bitwise 10 Crypto Index Fund

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

Valkyrie Bitcoin Fund

Invesco Galaxy Bitcoin Etf

WisdomTree Bitcoin Fund

Valkyrie Bitcoin Strategy ETF

Bitwise Bitcoin And Ether Equal Weight Strategy Etf

Hashdex Bitcoin ETF

Franklin Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund

VanEck Bitcoin Trust

iShares Bitcoin Trust

Invesco Alerian Galaxy Crypto Economy ETF

Simplify US Equity PLUS GBTC ETF

Schwab Crypto Thematic ETF

Valkyrie Bitcoin Miners ETF

Vaneck Bitcoin Strategy ETF

Bitcoin typically follows a four-year cycle based around each new halving event. In a best-case scenario, Bitcoin could be approaching a price of $1 million as we head into the 2028 halving cycle.

Prediction: Bitcoin Is Going to Make Big Moves Before Its Next Halving in 2028. Here Are 3 Potential Scenarios

Bitcoin exchange-traded funds appear to be losing their shine, with signs of economic weakness spooking cryptocurrency investors.

Bitcoin ETFs Have Lost Their Luster. Investors Yank $1.2 Billion in Just 8 Days.

Bitcoin fell to a one-month low, as the crypto market sentiment shifts to “extreme fear.”

Bitcoin continues to fall as crypto-market sentiment shifts into ‘extreme fear'

September has historically been the worst-performing month for both bitcoin and stocks.

Can bitcoin beat its historic September slump? Why this year could be different.

Ishares Ethereum Trust

Grayscale Ethereum Trust

Bitwise Ethereum ETF

Franklin Ethereum ETF

Fidelity Ethereum Fund

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.

Cryptocurrencies: Bitcoin Edges Lower to $57K

September is typically a difficult month for cryptos.

Bitcoin Is Rising. But September May Be Tough.

Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.

Bitcoin price pullback tests support at $59k, gold slides to $2,500

In the last months, the GBTC ETF lost its crown as the largest Bitcoin ETF due to significant outflows and an uncompetitive 1.50% expense ratio. Grayscale may need to lower GBTC's fees to stay competitive. Until then, I don't recommend investing in GBTC. Bitcoin's recent price action suggests retail investors are accumulating and holding, awaiting institutional adoption. I base this assumption on ETF inflows and on-chain data.

What GBTC Outflows Tell Me About Bitcoin And The Bitcoin ETF Landscape

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.

Cryptocurrencies: Bitcoin Drifts Back Down to $59K

Cryptocurrencies were dropping as excitement about Federal Reserve interest-rate cuts fizzled out.

Bitcoin Price Slides Below $60,000. Why Cryptos Are Falling.

The number of crypto millionaires has almost doubled over the past 12 months on the back of a surge in the value of the world's top cryptocurrencies, new research shows.

Bitcoin surge has seen the number of crypto millionaires double

Bitcoin rose more than 5% on Friday, after Federal Reserve Chair Jerome Powell said in a speech at the Jackson Hole Economic Symposium that the “time has come” for the central bank to cut its key interest rate.

Bitcoin jumps after Fed's Powell signals upcoming rate cut. What comes next for the crypto.

While bitcoin bulls have long been boasting of the cryptocurrency's potential as “digital gold” and a safe haven, the asset has rarely traded in such a way.

So much for ‘digital gold' — why bitcoin remains lackluster while gold had a record run

Bitcoin shows strength above $60k as stocks and gold see red

Cryptocurrencies: Bitcoin Inches Down to $59K

The global ETF industry saw a record-breaking 1,063 new ETF launches in the first seven months. Cryptocurrency ETFs have been the strongest asset pullers.

Cryptocurrency Fuels Record ETF Launches in 2024

Goldman Sachs and Morgan Stanley invested huge sums into spot bitcoin ETFs during the second quarter of 2024.

Should You Buy Bitcoin ETFs Following Goldman and Morgan Stanley?

A bullish sentiment on cryptocurrencies emerged early Tuesday amid growing bets that the Federal Reserve will begin rate cuts sooner rather than later.

Bitcoin Price Hits $61,000. Crypto Rallies On Fed Rate-Cut Hopes.

Cryptocurrencies: Bitcoin Back Above $60K

When the Bitcoin ( BTC-USD ) price pulls back, what's your emotional response? Do you view it as a panic point or a generational opportunity?

Contrarian Crypto Call: Hold Bitcoin With Diamond Hands!

The large-cap token slipped on Monday as traders geared up for another week of volatility.

Bitcoin Price Falls. Why Crypto Traders Should Brace for More Volatility.

Britcoin's price shot up on Friday as cryptos recovered from a global selloff earlier this week.

Bitcoin Price Reaches $60,000. How Cryptos Are Recovering After a Tough Week.

Grayscale Bitcoin Mini Trust BTC

CleanSpark

Hut 8 Mining Corp

Marathon Digital Holdings

Bitcoin price rebounded above $57,000 Thursday, supported by institutional investors. Spot bitcoin ETFs, bitcoin miners jump.

Bitcoin Price Rebounds To $57,000; ETFs Surge As Outflow Streak Pauses

YieldMax ABNB Option Income Strategy ETF

21Shares Core Ethereum ETF

Calamos S&P 500 Structured Alt Protection ETF - May

YieldMax Short NVDA Option Income Strategy ETF

Grayscale Ethereum Mini Trust

Vaneck Ethereum ETF

JPMorgan Hedged Equity Laddered Overlay ETF

Innovator Equity Defined Protection ETF - 6 Mo Jan/Jul

Through Q2, there has been a record number of new US ETFs on a rolling four-quarter basis. Fund issuers have met investors' demand for high-income equity ETFs, covered-call products, defined-outcome strategies, and single-stock funds. 2024 has also been the year of crypto ETFs, and funds tracking spot Ether recently began trading.

2024's ETF Relay: Yield, Protection, Crypto Share The Podium

News for Grayscale Bitcoin Trust ETF (GBTC)