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Published 22 days ago

Grayscale CEO sees bitcoin ETF outflows reaching equilibrium

Summary by Channel News Asia
Outflows from the Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the latest episode of Inside ETFs.Grayscale has battled to retain dominance of the bitcoin exchange-traded fund

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Channel News AsiaChannel News Asia

Grayscale CEO sees bitcoin ETF outflows reaching equilibrium

Outflows from the Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the latest episode of Inside ETFs.Grayscale has battled to retain dominance of the bitcoin exchange-traded fund

22 days ago·Singapore
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decrypt.codecrypt.co

Grayscale CEO: Bitcoin ETF Flows Reaching 'Equilibrium' as GBTC Outflows Continue

Michael Sonnenshein said that early outflows from GBTC were "anticipated," and linked to the bankruptcy settlements of crypto firms such as FTX.

22 days ago
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CoingapeCoingape

GBTC Bitcoin ETF Outflows Reaching Equilibrium: Grayscale CEO

In the latest episode of Reuter’s Inside ETFs, Grayscale CEO Michael Sonnenshein’s comments surrounding BTC ETFs appear to have echoed a sense of frenzy across the global crypto horizon. Outflows from the Grayscale Bitcoin Trust (GBTC) may be reaching an equilibrium after months of investor selling, Micheal Sonnenshein stated, garnering noteworthy investor attention today, April 10. Ever since the inception of BTC ETFs following the U.S. SEC’s a…

22 days ago
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CryptopolitanCryptopolitan

Grayscale CEO shares update on its Bitcoin ETF outflows

Digital asset investment manager Grayscale’s CEO Michael Sonnenshein has shared an interesting update regarding the company’s spot Bitcoin exchange-traded funds (ETFs). According to a report on Reuters, Sonnenshein has said that he sees Grayscale’s Bitcoin ETF outflows reaching an equilibrium. He mentioned this in a recent episode of Inside ETFs. Grayscale CEO shares details about its Bitcoin ETF Grayscale has battled hard to stay on top of the …

22 days ago
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