News
Continued investments from BlackRock’s ETF may provide “structural support” for Bitcoin’s price appreciation, market analysts told Cointelegraph.
8275
Bitcoin Investment Trust News
Bitcoin Investment Trust (BIT) is an open-ended private trust. BIT was launched in 2013 by Barry Silbert from Digital Currency Group. Currently, Bitcoin Investment Trust is sponsored by Grayscale Investments LLC. BIT is a wholly-owned SecondMarket Holdings, Inc. subsidiary and affiliate. According to the Bitcoin Investment Trust’s information given on their official website, the company enables investors to gain profit from Bitcoin price changes without the need of buying and storing cryptocurrency. Bitcoin Investment Trust’s shares were the first securities pegged by Bitcoin and traded publicly. Bitcoin Investment Trust’s stocks have officially received the ticker ‘GBTC.’ Bitcoin Investment Trust, whose value of share will be equal to about one-tenth of BTC’s price minus operational costs, has eliminated all regulatory constraints on its way to trade.
- News
Coinbase will launch its Bitcoin Yield Fund on May 1 to offer 4%–8% returns for institutional investors seeking passive income on Bitcoin holdings.
7200 - News
Saylor’s hint comes a week after Strategy announced its latest $555 million Bitcoin investment.
9066 - News
The IMF’s non-accumulation agreement may leave room for Bitcoin accumulation through non-governmental entities, industry watchers told Cointelegraph.
4735 - News
Web3 fund ABCDE halts new investments and fundraising to support existing projects and launch its new crypto incubator, Vernal.
7229 - News
Strategy acquired 3,459 BTC worth $285 million, boosting its total holdings to over $35.9 billion as institutional confidence wanes amid global trade tensions.
7878 - News
BlackRock’s Bitcoin ETF now holds over 50% of the market despite rising outflows, while Bitcoin’s price remains resilient amid industry concerns over price action.
44369 - News
Arizona’s Bitcoin reserve bill aims to enable public funds and pensions to invest in Bitcoin, marking a significant shift in cryptocurrency adoption and financial strategy.
11226 - News
Intesa Sanpaolo has become Italy’s first bank to make a Bitcoin investment after buying more than $1 million worth of BTC during a period of growing institutional interest.
5459 - News
James Howells has lost his legal case to recover a $770 million Bitcoin hard drive from a landfill as a judge cites no realistic chance of success.
21743 - News
The ETF, which Grayscale spun off from its older Grayscale Bitcoin Trust, now holds around $4 billion in assets.
3361 - News
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
6857 - News
On the yearly chart, Bitcoin rose 146% and MicroStrategy gained 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.
11517 - News
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
4352 - News
DeTrust Wallet will enable the creation of complex inheritance plans, including designated spending funds.
9398