Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09 bitcoin, valued at approximately $571 million. Major Outflows Hit Grayscale’s GBTC This recent decline in reserves marks another […]
Grayscale's GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
Bitcoin.com - 18 Jan 2024 23:44
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09 bitcoin, valued at approximately $571 million. Major Outflows Hit Grayscale’s GBTC This recent decline in reserves marks another […]
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