Grayscale switches CEO following $144 million reduction in fees as Bitcoin outflows finally subsiding
Grayscale Investments announces CEO transition as Michael Sonnenshein steps down.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
The companies filed one day after the May 15 deadline.
Salim Ramji had a pro-Bitcoin stance in his former role at BlackRock.
Millenium and Schonfeld Strategic Advisors are now the largest IBIT and FBTC holders.
Traditional financial firms, including major banks, continue to disclose exposure to spot Bitcoin ETFs in 13F filings.
Quarterly revenue, gains, and other income rose 216% year-over-year.
The two firms now rank among the largest IBIT holders.