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  • Yahoo Finance Video

    Bitcoin ETFs are 'democratizing' crypto investing: Grayscale

    Bitcoin (BTC-USD) and the general cryptocurrency space have seen a momentous rally in February, with the former peaking back above $60,000. After revitalized interest in digital assets following the Securities and Exchange Commission's (SEC) approval of spot bitcoin ETF offerings in January, Grayscale's Bitcoin Trust (GBTC) has seen outflows of nearly $8 billion over the past month. Yahoo Finance's Madison Mills is joined by Grayscale Global Head of ETFs Dave LaValle on the floor of the New York Stock Exchange to talk about the spot bitcoin ETF landscape and the crypto asset manager's premium fees on its offering. "We came to market with $28 billion in assets, and we had 100% market share, so for us to expect that we were going to maintain 100% market share really wasn't something that we were looking at, so the outflows that we have seen have been expected. we anticipated that," LaValle explains. "Look, we have a premium fee for a premium product, and so that's where we're standing right now." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Yahoo Finance

    1 reason for new bitcoin mania: 'Simply not enough' supply

    A simple equation helps explain the heated rally in bitcoin: More coins are being bought each day than new ones are being created.

  • CoinDesk

    Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch

    Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.