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🚨 GRAYSCALE UNLEASHES $AVAX STAKING PRODUCT! INSTITUTIONAL MONEY IS HERE! Grayscale's new $AVAX Staking (GAVA) product launches tomorrow. This is a game-changer. 👉 New institutional vehicle for $AVAX staking exposure. ✅ Grayscale expanding crypto staking, signaling massive adoption. 💰 Potential for yield generation through staking rewards. 🚀 Institutional access to proof-of-stake assets is exploding. Do not fade this generational wealth opportunity. #Crypto #Altcoins #Staking #Grayscale #AVAX 🚀 {future}(AVAXUSDT)
🚨 GRAYSCALE UNLEASHES $AVAX STAKING PRODUCT! INSTITUTIONAL MONEY IS HERE!
Grayscale's new $AVAX Staking (GAVA) product launches tomorrow. This is a game-changer.
👉 New institutional vehicle for $AVAX staking exposure.
✅ Grayscale expanding crypto staking, signaling massive adoption.
💰 Potential for yield generation through staking rewards.
🚀 Institutional access to proof-of-stake assets is exploding. Do not fade this generational wealth opportunity.
#Crypto #Altcoins #Staking #Grayscale #AVAX 🚀
# 🔺 Avalanche (AVAX) Today: Nasdaq Listing & The Push for $10 🚀The Avalanche ecosystem is witnessing a historic day. While most of the market is focused on consolidation, $AVAX is making headlines with a massive leap into traditional finance. Here is your market breakdown for March 13, 2026. 🏛️ 1. The Big News: Grayscale GAVA Goes Live on Nasdaq Today marks the official Nasdaq listing of the Grayscale Avalanche Staking ETF (GAVA). Institutional Bridge: This is a game-changer. For the first time, institutional investors can gain exposure to AVAX price action and staking rewards directly through a major U.S. stock exchange. Why it matters: This provides a regulated channel for massive capital inflows, potentially creating a long-term "floor" for the price as institutions begin accumulating. 📊 2. Price Analysis: Testing Psychological Resistance As of today, AVAX is showing strong resilience, trading around $9.50 - $10.00. The $10.00 Battle: Bulls are currently fighting to reclaim the $10.00 psychological level. A confirmed 4-hour close above this resistance could trigger a fast rally toward $12.20. Support Zone: If the Nasdaq excitement cools off, the immediate support sits at $9.07 (the 50% Fibonacci level). As long as we hold above $8.50, the short-term structure remains bullish. 🌐 3. Ecosystem Evolution: RWA & "Retro9000" It’s not just about the ETF; the tech is moving fast: RWA Dominance: The Avalanche Foundation just reported that tokenized securities on the network have hit an $800M market cap. Avalanche is quietly becoming the preferred chain for Real-World Assets (RWA). Retro9000: The first round of the Retro9000 program is live, incentivizing developers to build the next generation of Subnets. This is expected to drive significant network activity through Q2 2026. 🎯 The Verdict: Is AVAX a Buy Today? The Fear & Greed Index for AVAX is currently showing "Extreme Fear" (18), which historically has been a "Value Zone" for long-term investors. With the Nasdaq listing providing fresh liquidity and the RWA narrative gaining steam, AVAX looks like a "coiled spring" ready for a breakout. Trader’s Tip: Watch the AVAX/USDT volume on Binance. A spike in volume alongside a break of $10.05 is the "Go" signal for many momentum traders. #Avalanche #AVAX✈️ #Grayscale #Nasdaq #RWA #BinanceSquare #Altcoins

# 🔺 Avalanche (AVAX) Today: Nasdaq Listing & The Push for $10 🚀

The Avalanche ecosystem is witnessing a historic day. While most of the market is focused on consolidation, $AVAX is making headlines with a massive leap into traditional finance.
Here is your market breakdown for March 13, 2026.
🏛️ 1. The Big News: Grayscale GAVA Goes Live on Nasdaq
Today marks the official Nasdaq listing of the Grayscale Avalanche Staking ETF (GAVA).
Institutional Bridge: This is a game-changer. For the first time, institutional investors can gain exposure to AVAX price action and staking rewards directly through a major U.S. stock exchange.
Why it matters: This provides a regulated channel for massive capital inflows, potentially creating a long-term "floor" for the price as institutions begin accumulating.
📊 2. Price Analysis: Testing Psychological Resistance
As of today, AVAX is showing strong resilience, trading around $9.50 - $10.00.
The $10.00 Battle: Bulls are currently fighting to reclaim the $10.00 psychological level. A confirmed 4-hour close above this resistance could trigger a fast rally toward $12.20.
Support Zone: If the Nasdaq excitement cools off, the immediate support sits at $9.07 (the 50% Fibonacci level). As long as we hold above $8.50, the short-term structure remains bullish.
🌐 3. Ecosystem Evolution: RWA & "Retro9000"
It’s not just about the ETF; the tech is moving fast:
RWA Dominance: The Avalanche Foundation just reported that tokenized securities on the network have hit an $800M market cap. Avalanche is quietly becoming the preferred chain for Real-World Assets (RWA).
Retro9000: The first round of the Retro9000 program is live, incentivizing developers to build the next generation of Subnets. This is expected to drive significant network activity through Q2 2026.
🎯 The Verdict: Is AVAX a Buy Today?
The Fear & Greed Index for AVAX is currently showing "Extreme Fear" (18), which historically has been a "Value Zone" for long-term investors. With the Nasdaq listing providing fresh liquidity and the RWA narrative gaining steam, AVAX looks like a "coiled spring" ready for a breakout.
Trader’s Tip: Watch the AVAX/USDT volume on Binance. A spike in volume alongside a break of $10.05 is the "Go" signal for many momentum traders.
#Avalanche #AVAX✈️ #Grayscale #Nasdaq #RWA #BinanceSquare #Altcoins
🔥 GRAYSCALE UNLOCKS INSTITUTIONAL $AVAX FOMO! 🔥 Grayscale just launched a new staking product for $AVAX, opening the floodgates for massive institutional capital! This is a monumental shift, bringing serious money into proof-of-stake assets and setting the stage for an epic liquidity spike. • 👉 New investment vehicle for $AVAX staking exposure • 👉 Grayscale expanding its crypto staking empire • 👉 Unlocking potential yield generation for big players • 👉 Exponential institutional access to PoS blockchains This is not just news; it's a signal. The big money is here. Get ready for the next leg up! #AVAX #Grayscale #Crypto #Staking #BullRun 🚀 {future}(AVAXUSDT)
🔥 GRAYSCALE UNLOCKS INSTITUTIONAL $AVAX FOMO! 🔥
Grayscale just launched a new staking product for $AVAX , opening the floodgates for massive institutional capital! This is a monumental shift, bringing serious money into proof-of-stake assets and setting the stage for an epic liquidity spike.
• 👉 New investment vehicle for $AVAX staking exposure
• 👉 Grayscale expanding its crypto staking empire
• 👉 Unlocking potential yield generation for big players
• 👉 Exponential institutional access to PoS blockchains
This is not just news; it's a signal. The big money is here. Get ready for the next leg up!
#AVAX #Grayscale #Crypto #Staking #BullRun 🚀
⚡ LATEST: Grayscale Investments’s Avalanche Staking product begins trading A new staking product tied to Avalanche will begin trading tomorrow as Grayscale Investments launches Grayscale Avalanche Staking (GAVA). $XRP What the launch highlights: • 🏦 A new investment vehicle focused on staking exposure to Avalanche • 📊 Expansion of crypto staking products from Grayscale Investments • 💰 Potential yield generation through staking rewards $ADA • 🌍 Growing institutional access to proof-of-stake blockchain assets The launch reflects continued efforts by major asset managers to expand institutional exposure to staking-based crypto strategies.$ENSO #Grayscale #AvalancheAVAX #Altcoins👀🚀
⚡ LATEST: Grayscale Investments’s Avalanche Staking product begins trading
A new staking product tied to Avalanche will begin trading tomorrow as Grayscale Investments launches Grayscale Avalanche Staking (GAVA). $XRP
What the launch highlights:
• 🏦 A new investment vehicle focused on staking exposure to Avalanche
• 📊 Expansion of crypto staking products from Grayscale Investments
• 💰 Potential yield generation through staking rewards $ADA
• 🌍 Growing institutional access to proof-of-stake blockchain assets
The launch reflects continued efforts by major asset managers to expand institutional exposure to staking-based crypto strategies.$ENSO
#Grayscale #AvalancheAVAX #Altcoins👀🚀
⚡️ JUST IN: GRAYSCALE AVALANCHE STAKING TRUST $GAVA SET TO LIST ON NASDAQ TODAY Grayscale is launching its Avalanche Staking Trust, $GAVA, with trading beginning tomorrow once the listing goes live today. The product provides investors with regulated exposure to $AVAX , combined with native staking rewards, without requiring self-custody or direct protocol interaction. It marks Grayscale's latest expansion of its staking product suite following similar offerings for other major proof-of-stake assets. Trade $AVAX Here 👈 #BinanceTGEUP #AVAX #CryptoNews #Grayscale #OilPricesSlide
⚡️ JUST IN: GRAYSCALE AVALANCHE STAKING TRUST $GAVA SET TO LIST ON NASDAQ TODAY

Grayscale is launching its Avalanche Staking Trust, $GAVA, with trading beginning tomorrow once the listing goes live today.

The product provides investors with regulated exposure to $AVAX , combined with native staking rewards, without requiring self-custody or direct protocol interaction.

It marks Grayscale's latest expansion of its staking product suite following similar offerings for other major proof-of-stake assets.

Trade $AVAX Here 👈

#BinanceTGEUP #AVAX #CryptoNews #Grayscale #OilPricesSlide
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KIT 5 (Macro) THE HOOK: 📰 MARKET SHOCKWAVE ALERT FOR $ALTCOINSDYNAMIC ALPHA BLOCK: Grayscale's latest quarterly report reveals a strategic shift in their altcoin watch list, signaling potential institutional accumulation. These are the next generation of narratives being quietly amassed. THE BODY: INSTITUTIONS ARE POSITIONING. GRayscale's watch list is your blueprint for the next wave of altcoin pumps. These aren't just random picks; they're meticulously researched assets with massive upside potential. Get in NOW before the herd catches on. Liquidity is about to dry up on these undervalued gems. HASHTAGS: #Crypto #Altcoins #Grayscale #MarketAlert 🌐 RISK DISCLOSURE: Not financial advice. Manage your risk.
KIT 5 (Macro)

THE HOOK: 📰 MARKET SHOCKWAVE ALERT FOR $ALTCOINSDYNAMIC ALPHA BLOCK:
Grayscale's latest quarterly report reveals a strategic shift in their altcoin watch list, signaling potential institutional accumulation. These are the next generation of narratives being quietly amassed.

THE BODY:
INSTITUTIONS ARE POSITIONING. GRayscale's watch list is your blueprint for the next wave of altcoin pumps. These aren't just random picks; they're meticulously researched assets with massive upside potential. Get in NOW before the herd catches on. Liquidity is about to dry up on these undervalued gems.

HASHTAGS:
#Crypto #Altcoins #Grayscale #MarketAlert

🌐
RISK DISCLOSURE: Not financial advice. Manage your risk.
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Bullish
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🔥 PART IN THE GRAYSCALE AVALANCHE STAKING TRUST 🔥 Grayscale continues to expand its offering in the crypto sector. The company announced that the new Grayscale Avalanche Staking Trust (GAVA) will begin trading starting tomorrow. This product provides investors exposure to Avalanche (AVAX), one of the leading blockchains for decentralized applications, also integrating the yields from staking. The trust not only allows investment in the AVAX token but also aims to generate rewards through participation in the network's validation mechanism. The goal is to offer institutional and traditional investors an easier and regulated way to access both AVAX and staking yields, without having to manage wallets or blockchain infrastructure directly. #BreakingCryptoNews #AVAX #Avalanche #Grayscale #staking $AVAX
🔥 PART IN THE GRAYSCALE AVALANCHE STAKING TRUST 🔥

Grayscale continues to expand its offering in the crypto sector.
The company announced that the new Grayscale Avalanche Staking Trust (GAVA) will begin trading starting tomorrow.

This product provides investors exposure to Avalanche (AVAX), one of the leading blockchains for decentralized applications, also integrating the yields from staking.
The trust not only allows investment in the AVAX token but also aims to generate rewards through participation in the network's validation mechanism.

The goal is to offer institutional and traditional investors an easier and regulated way to access both AVAX and staking yields, without having to manage wallets or blockchain infrastructure directly.
#BreakingCryptoNews #AVAX #Avalanche #Grayscale #staking $AVAX
LATEST: ⚡ Stablecoin transaction volume on #Solana hit $650 billion in February, a new high and more than double the previous record, according to #Grayscale . $SOL {spot}(SOLUSDT)
LATEST: ⚡ Stablecoin transaction volume on #Solana hit $650 billion in February, a new high and more than double the previous record, according to #Grayscale . $SOL
$TAO - The institutional player arrives at 3:30 PM tomorrow. Are you ready? 🚀 The market purged weak hands last night with a drop to $185.5. But look at the facts: Grayscale Switch: Tomorrow, the CoinDesk index becomes official. Institutions could not buy massively BEFORE this change. 🏛️ Supply Shock: Post-halving, we are only producing 3,600 TAO/day. The supply is drying up. 📉 Technical Support: We are bouncing off the bottom of the Bollinger Bands. The zone 185-190$ is a massive accumulation. 🐳 My plan: I am holding my positions at $192. The wall at 195$ is the only thing that separates us from $250. In your opinion, will TAO outperform BTC this weekend? 👇 #TAO #bittensor #Aİ #Grayscale #Write2Earn
$TAO - The institutional player arrives at 3:30 PM tomorrow. Are you ready? 🚀
The market purged weak hands last night with a drop to $185.5.

But look at the facts:

Grayscale Switch: Tomorrow, the CoinDesk index becomes official. Institutions could not buy massively BEFORE this change. 🏛️
Supply Shock: Post-halving, we are only producing 3,600 TAO/day. The supply is drying up. 📉
Technical Support: We are bouncing off the bottom of the Bollinger Bands. The zone 185-190$ is a massive accumulation. 🐳
My plan: I am holding my positions at $192. The wall at 195$ is the only thing that separates us from $250.

In your opinion, will TAO outperform BTC this weekend? 👇
#TAO #bittensor #Aİ #Grayscale #Write2Earn
KITE – Consolidation at a Crossroads{spot}(KITEUSDT) $KITE is currently trading at a critical technical juncture. After a sharp rally from the sub-$0.16 range, price action has stalled, currently sitting at $0.2355. The key dynamic here is the compression between the 7-period MA ($0.2399) and the 30-period MA ($0.2104), which suggests we are entering a consolidation phase. The headline mentioning a "Grayscale Outlook" adds a fundamental catalyst, indicating that institutional narratives are starting to attach to this asset, which often leads to increased volume and volatility. Where are the Buyers/Sellers? Buyers have been aggressively defending the area around the 30 MA ($0.2104), stepping in on the last two tests to prevent a deeper correction. However, sellers remain active at the local resistance near $0.2400, specifically at the 7 MA, preventing a breakout to new highs. The market is currently squeezed between these two levels, with volume (▲ 11.15% 24h) confirming active participation. The Confirmation For a bullish continuation, we need to see a daily close above the 7 MA ($0.2399) with sustained volume. This would indicate that the consolidation period is over and buyers are absorbing the supply. The RSI at 54.31 provides plenty of runway before hitting overbought territory, supporting further upside potential. The Invalidation The bullish thesis is invalidated if KITE loses the $0.2100 support (30 MA). A break below this level, especially on high volume, would suggest the recent rally was just a speculative wick and that sellers are regaining control, likely leading to a retest of lower supports near $0.1600.

KITE – Consolidation at a Crossroads

$KITE is currently trading at a critical technical juncture. After a sharp rally from the sub-$0.16 range, price action has stalled, currently sitting at $0.2355. The key dynamic here is the compression between the 7-period MA ($0.2399) and the 30-period MA ($0.2104), which suggests we are entering a consolidation phase. The headline mentioning a "Grayscale Outlook" adds a fundamental catalyst, indicating that institutional narratives are starting to attach to this asset, which often leads to increased volume and volatility.
Where are the Buyers/Sellers?
Buyers have been aggressively defending the area around the 30 MA ($0.2104), stepping in on the last two tests to prevent a deeper correction. However, sellers remain active at the local resistance near $0.2400, specifically at the 7 MA, preventing a breakout to new highs. The market is currently squeezed between these two levels, with volume (▲ 11.15% 24h) confirming active participation.
The Confirmation
For a bullish continuation, we need to see a daily close above the 7 MA ($0.2399) with sustained volume. This would indicate that the consolidation period is over and buyers are absorbing the supply. The RSI at 54.31 provides plenty of runway before hitting overbought territory, supporting further upside potential.
The Invalidation
The bullish thesis is invalidated if KITE loses the $0.2100 support (30 MA). A break below this level, especially on high volume, would suggest the recent rally was just a speculative wick and that sellers are regaining control, likely leading to a retest of lower supports near $0.1600.
📈 US Bitcoin ETFs Experience Strong Inflows Led by #BlackRock US Bitcoin ETFs have seen a five-day streak of positive inflows, totaling $246 million. Notably, BlackRock's iShares Bitcoin Trust (IBIT) stands out, pulling in $184 million on Wednesday alone. 🚀 Despite a tumultuous market, investor confidence in Bitcoin ETFs appears to be growing. While BlackRock dominates the scene, other funds like Bitwise’s #BitcoinETFs (BITB) managed to attract only $2 million, with significant outflows from Fidelity’s $BTC Fund ($33 million) and ARK Invest’s ETF ($47 million). 💰 👀 The shift in investor preferences suggests a move towards larger, more established funds, as seen with IBIT's substantial gains compared to the struggles of #grayscale ’s Bitcoin Trust (GBTC), which has lost over $20 billion since converting to an #ETF✅ . #gbtc
📈 US Bitcoin ETFs Experience Strong Inflows Led by #BlackRock

US Bitcoin ETFs have seen a five-day streak of positive inflows, totaling $246 million. Notably, BlackRock's iShares Bitcoin Trust (IBIT) stands out, pulling in $184 million on Wednesday alone. 🚀

Despite a tumultuous market, investor confidence in Bitcoin ETFs appears to be growing. While BlackRock dominates the scene, other funds like Bitwise’s #BitcoinETFs (BITB) managed to attract only $2 million, with significant outflows from Fidelity’s $BTC Fund ($33 million) and ARK Invest’s ETF ($47 million). 💰

👀 The shift in investor preferences suggests a move towards larger, more established funds, as seen with IBIT's substantial gains compared to the struggles of #grayscale ’s Bitcoin Trust (GBTC), which has lost over $20 billion since converting to an #ETF✅ .

#gbtc
#grayscale Investments and Bitwise have filed with the U.S. Securities and Exchange Commission (SEC) to list Options products in spot #Ethereum✅ #ETF offerings. According to a filing by both asset managers, if approved, the New York Stock Exchange (NYSE) has been contractually assigned as the stock trading platform to list the products. $ETH Don't Forget to Participate in the Airdrop Event Pinned in Profile! {spot}(ETHUSDT)
#grayscale Investments and Bitwise have filed with the U.S. Securities and Exchange Commission (SEC) to list Options products in spot #Ethereum✅ #ETF offerings.

According to a filing by both asset managers, if approved, the New York Stock Exchange (NYSE) has been contractually assigned as the stock trading platform to list the products. $ETH

Don't Forget to Participate in the Airdrop Event Pinned in Profile!
🚨 𝐁𝐢𝐠 𝐍𝐞𝐰𝐬 𝐅𝐨𝐫 $AVAX 𝐇𝐨𝐥𝐝𝐞𝐫𝐬 🚨 - Grayscale's launch of the Grayscale Avalanche Trust and Franklin Templeton's expansion of its OnChain U.S. Government Money Market Fund to the Avalanche network. {spot}(AVAXUSDT) > These developments have significantly boosted AVAX's visibility and positive sentiment, with many tweets highlighting the institutional interest and potential for real-world asset tokenization on the Avalanche blockchain. And we saw a green impact on $AVAX Price . 🔼 Data Credit - Kaiko Ai , Grayscale 🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123 #AVAX #grayscale
🚨 𝐁𝐢𝐠 𝐍𝐞𝐰𝐬 𝐅𝐨𝐫 $AVAX 𝐇𝐨𝐥𝐝𝐞𝐫𝐬 🚨

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Grayscale's launch of the Grayscale Avalanche Trust and Franklin Templeton's expansion of its OnChain U.S. Government Money Market Fund to the Avalanche network.

> These developments have significantly boosted AVAX's visibility and positive sentiment, with many tweets highlighting the institutional interest and potential for real-world asset tokenization on the Avalanche blockchain. And we saw a green impact on $AVAX Price .

🔼 Data Credit - Kaiko Ai , Grayscale

🅃🄴🄲🄷🄰🄽🄳🅃🄸🄿🅂123
#AVAX #grayscale
⚠️🚨#Binance #coinbase and #JPMorgan #grayscale 🚨⚠️Without satisfying greedy investors and stock markets #Bitcoin Friends, the money will not move to altcoins, it will take some time, they are giving such a different halving ETFs that this is a vampire These have never been seen, look, are you aware that he is buying gem projects for the highest rising ones, Binance and Coinbase, and lifting the ones that have no value into the air, you know, the purpose? There is still liveliness, as I said, dear friends, it will take some time to get real valuable altcoins without satisfying these greedy vampires... $BTC $ETH $OP {spot}(OPUSDT)
⚠️🚨#Binance #coinbase and #JPMorgan #grayscale 🚨⚠️Without satisfying greedy investors and stock markets #Bitcoin Friends, the money will not move to altcoins, it will take some time, they are giving such a different halving ETFs that this is a vampire These have never been seen, look, are you aware that he is buying gem projects for the highest rising ones, Binance and Coinbase, and lifting the ones that have no value into the air, you know, the purpose? There is still liveliness, as I said, dear friends, it will take some time to get real valuable altcoins without satisfying these greedy vampires... $BTC $ETH $OP
Blackrock increases its bets on BTC as bitcoin fund AUM surpasses ¥210 billion.Assets managed by BlackRock's iShares Bitcoin Trust (IBIT) have surpassed $21.4 billion, outperforming the Grayscale Bitcoin Trust ETF (GBTC) by more than $1.6 billion. This significant growth is due to the steady influx of funds into the BlackRock Spot Bitcoin ETF since the beginning of the year. Since the launch of the Spot #TopCoinsJune2024 #ETF on December 1/11, #BlackRock has seen millions of inflows every day, with inflows dropping slightly over the past 5 months and outflows even less so. According to Farside data, BlackRock recorded its first ETF inflow since launch on December 1/11, which totaled more than $11 billion ($11,100 million). Since then, the ETF has attracted hundreds of millions, with 2024/3/12 recording a peak inflow of ¥84,900 million in the first year. On the other hand, since #grayscale launched on May 1, capital outflows have been greater than inflows. Given that the Grayscale spot bitcoin-ETF recorded total capital outflows of 17.5 billion yen, it is not surprising that BlackRock's IBIT outperformed GBTC. Data from the BlackRock fund website showed that the company's spot bitcoin-ETF has accumulated over 302,536 #TopCoinsJune2024 . This is over 1.4% of the total bitcoins in circulation. In contrast, Grayscale has accumulated about 285,105 BTC in trusts with assets currently totaling ¥19.75 billion. Despite a brief influx of funds in May, grayscale continues to face significant outflows. The latest drop occurred on September 6/6 and September 7, with GBTC outflows reaching 33760 million and 33630 million respectively. \n Compared to the Grayscale spot bitcoin-ETF, BlackRock's IBIT has performed well. BlackRock currently charges an annual management fee of 0.25% for the spot bitcoin ETF, while the Grayscale spot bitcoin-ETF charges an expensive 1.5% fee. These large differences in ETF fees have impacted outflows from GBTC since the beginning of the year. Many investors are moving assets out of the Grayscale Spot bitcoin-ETF into more cost-effective options like BlackRock's IBIT. Farside reported a surge in capital inflows from Blackrock into the bitcoin-ETF spot, while IBIT recorded consistent inflows from Jan. Read us at: [Compass Investments](https://www.binance.com/ru/feed/profile/compass_investments)

Blackrock increases its bets on BTC as bitcoin fund AUM surpasses ¥210 billion.

Assets managed by BlackRock's iShares Bitcoin Trust (IBIT) have surpassed $21.4 billion, outperforming the Grayscale Bitcoin Trust ETF (GBTC) by more than $1.6 billion. This significant growth is due to the steady influx of funds into the BlackRock Spot Bitcoin ETF since the beginning of the year.

Since the launch of the Spot #TopCoinsJune2024 #ETF on December 1/11, #BlackRock has seen millions of inflows every day, with inflows dropping slightly over the past 5 months and outflows even less so.
According to Farside data, BlackRock recorded its first ETF inflow since launch on December 1/11, which totaled more than $11 billion ($11,100 million). Since then, the ETF has attracted hundreds of millions, with 2024/3/12 recording a peak inflow of ¥84,900 million in the first year.
On the other hand, since #grayscale launched on May 1, capital outflows have been greater than inflows. Given that the Grayscale spot bitcoin-ETF recorded total capital outflows of 17.5 billion yen, it is not surprising that BlackRock's IBIT outperformed GBTC.
Data from the BlackRock fund website showed that the company's spot bitcoin-ETF has accumulated over 302,536 #TopCoinsJune2024 . This is over 1.4% of the total bitcoins in circulation. In contrast, Grayscale has accumulated about 285,105 BTC in trusts with assets currently totaling ¥19.75 billion.
Despite a brief influx of funds in May, grayscale continues to face significant outflows. The latest drop occurred on September 6/6 and September 7, with GBTC outflows reaching 33760 million and 33630 million respectively. \n Compared to the Grayscale spot bitcoin-ETF, BlackRock's IBIT has performed well. BlackRock currently charges an annual management fee of 0.25% for the spot bitcoin ETF, while the Grayscale spot bitcoin-ETF charges an expensive 1.5% fee.
These large differences in ETF fees have impacted outflows from GBTC since the beginning of the year. Many investors are moving assets out of the Grayscale Spot bitcoin-ETF into more cost-effective options like BlackRock's IBIT.
Farside reported a surge in capital inflows from Blackrock into the bitcoin-ETF spot, while IBIT recorded consistent inflows from Jan.

Read us at: Compass Investments
🚨 $XRP UPDATE 🚨 #grayscale is set to launch the first U.S.-based XRP fund, with the goal of eventually converting it into a spot XRP ETF. 🚀 Investments will be available only to accredited investors who meet the requirements. 🧐XRP's price reacted with an immediate increase. 📈 #GrayscaleXRPTrust #xrpetf #XRPEscrow #ripple
🚨 $XRP UPDATE 🚨

#grayscale is set to launch the first U.S.-based XRP fund, with the goal of eventually converting it into a spot XRP ETF. 🚀

Investments will be available only to accredited investors who meet the requirements.

🧐XRP's price reacted with an immediate increase. 📈

#GrayscaleXRPTrust #xrpetf #XRPEscrow #ripple
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Bearish
Grayscale's report underscores the prevailing bullish sentiment in the cryptocurrency market, pointing to factors like the continual inflow of funds from the U.S. BTC spot ETF, bipartisan endeavors in Congress for industry regulation, and the expanding Ethereum ecosystem. The report forecasts the maintenance of this upward trend given favorable macroeconomic conditions. However, it cautions that positive aspects are already factored into prices and highlights the potential repercussions of adverse news regarding economic outlook, Federal Reserve policies, and the presidential election on market dynamics. #Bitcoinworld🌐🪙 #btc #grayscale $BTC
Grayscale's report underscores the prevailing bullish sentiment in the cryptocurrency market, pointing to factors like the continual inflow of funds from the U.S. BTC spot ETF, bipartisan endeavors in Congress for industry regulation, and the expanding Ethereum ecosystem. The report forecasts the maintenance of this upward trend given favorable macroeconomic conditions. However, it cautions that positive aspects are already factored into prices and highlights the potential repercussions of adverse news regarding economic outlook, Federal Reserve policies, and the presidential election on market dynamics.
#Bitcoinworld🌐🪙 #btc #grayscale $BTC
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