Grayscale Bitcoin Trust (GBTC) charges a 1.5% annual fee, significantly higher than competitors like BlackRock’s iShares Bitcoin Trust (0.33%). Despite converting to an ETF in January 2024, GBTC's fees remain high, causing it to underperform cheaper alternatives by roughly the fee difference. Investors face not only higher costs but also potential tax impacts from outflows as holders sell to avoid fees. With similar Bitcoin exposure available at a fraction of the cost, investors should reconsider if GBTC's premium fee is worth it.
iShares has introduced the Bitcoin Premium Income ETF (BITA), a new bitcoin income ETF that uses covered call strategies to generate income by selling call options on its spot bitcoin ETF (IBIT). This approach transforms bitcoin, which traditionally ...
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
Bitcoin rose over 5% this week, marking its first gain in five weeks, but remains below the $70,000 mark and down 25% year-to-date. Ether also recovered, climbing over 9%, yet it stays below $2,000 and is down about 40% for the year. Both cryptocurre...
Following the SEC's January 2024 approval of spot Bitcoin ETFs, iShares Bitcoin Trust ETF (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) have emerged as the top contenders. Both ETFs hold actual Bitcoin and charge a 0.25% fee, but differ in cust...
On June 12, 2026, US Bitcoin spot ETFs recorded their highest single-day net cash inflow of $85.85 million, equivalent to about 1,350 BTC. This surge ended the longest outflow streak of 2026, with major ETFs like BlackRock’s iShares Bitcoin Trust see...
