The large outflow could perhaps indicate that crypto lender Genesis started or ramped up the pace of unloading its GBTC holdings, capitalizing on bitcoin’s rally. Genesis received bankruptcy court approval on Feb. 14 to sell 35 million GBTC shares – then worth $1.3 billion, now roughly $1.9 billion – but outflows from GBTC were muted over the past two weeks until Thursday’s spike.
Here’s How EU Nations Are Preparing to Enforce MiCA
With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to...