The Latest Breaking News from Grayscale

Four renowned companies hodled through Sunday's crypto market collapse, waiting out the bounce back of Bitcoin and Ethereum, as other small holders sold off their cryptocurrencies.

Ethereum ETFs saw net inflows of $107 million on launch day—a "pretty big success." Grayscale's outflows, however, were bigger than some predicted.

Ether prices were unmoved Tuesday as spot Ethereum ETFs saw trading volumes surpass $1 billion, but most crypto users still believe the funds will have their time to shine as more investors find interest in the new ETFs.

Less than a week before the expected launch of spot Ethereum ETFs, the management fee and waiver offering wars are on – Grayscale, whose Bitcoin ETF was unpopular among retailers due to high fees, appears to have learned a lesson or two from BlackRock.

President Biden has yet to be vocally supportive of the crypto industry, and his administration has often been viewed as "hostile" by the crypto community, but a tech coalition believes he can still reverse this and see an opportunity in promoting a "positive" regulation.

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

IBIT is now the world's largest crypto ETF after it surpassed Grayscale's GBTC, and some in the industry believe BlackRock's spot Bitcoin ETF will continue to reign supreme in the coming years.

The green light capped off a week of political wins for the resurgent crypto sector.

Bitcoin ETFs are on a roll as more institutions have disclosed their holdings – over 30 BTC ETFs now hold a staggering 5% of the world's total Bitcoin supply.

Would-be issuers of Ethereum ETFs are scrambling to meet the SEC's last-minute requests ahead of Thursday's deadline.

Grayscale Investments, the muscle behind GBTC, sees CEO Michael Sonnenshein out and ex-Goldman Sachs exec Peter Mintzberg stepping in on August 15th.