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After hours:
- Yahoo Finance Video
Grayscale CEO Michael Sonnenshein steps down
Grayscale CEO Michael Sonnenshein is stepping down after more than a decade at the investment firm. He will be succeeded by Peter Mintzberg in August, who is the current Global Head of Strategy for Goldman Sachs' Asset and Wealth Management division. Yahoo Finance's Jared Blikre and Julie Hyman break down Sonnenshein's instrumental role in Grayscale and the future of its bitcoin ETF (GBTC). For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance Video
Bitcoin ETFs saw record outflows around Fed rate decision
Bitcoin (BTC-USD) is holding above $58,000 after falling to a two-month low ahead of the Federal Reserve's interest rate decision on Wednesday. Yahoo Finance Senior Markets Reporter Jared Blikre monitors the action occurring in the crypto space, taking a closer look at downward movements seen in spot bitcoin ETFs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance UK
Bitcoin dips below $58,000 after record daily ETF sell-off
ETF sell-offs are continuing and the price of bitcoin is dipping.
