The economics of Grayscale’s GBTC outflow and fee compression
Grayscale's GBTC faces significant competition as BlackRock's IBIT captures massive inflows due to a 1.25% fee gap. While GBTC holds $10.6 billion in net assets, investors…
Grayscale's GBTC faces significant competition as BlackRock's IBIT captures massive inflows due to a 1.25% fee gap. While GBTC holds $10.6 billion in net assets, investors…
Ethereum's Fusaka upgrade introduces an EOF container providing 34% gas savings for smart contract deployment. This technical shift forces 12,000 developers to navigate the tension between…
The Coinbase Smart Wallet, now known as the Base Account, utilizes passkeys and biometric onboarding to replace traditional seed phrases. This transition follows 3.4 million ERC-4337…
Ethereum's Pectra upgrade increases weekly target blob capacity from 150,000 to 300,000. New fee parameters and EIP-7623 calldata adjustments ensure the network responds more aggressively to…
BlackRock's IBIT faces systemic risks due to Coinbase holding over 80% of Bitcoin assets behind US ETFs. Despite IBIT controlling 61.3% of US spot Bitcoin ETF…
MicroStrategy holds 818,334 BTC with an average acquisition cost of $75,537 per coin. The company manages $10.5 billion in liabilities against $51.5 billion in Bitcoin holdings…
Institutions moved 34% of their Ethereum staking to Kiln's white-label validator infrastructure following a $4.2 billion AUM milestone. The platform provides SOC2 Type II security and…
Bitcoin volatility is transitioning from retail-driven swings to structural movements driven by institutional ETF inflows and market maker hedging. Recent options expiry involved 27,300 contracts with…