Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?
Submitted by Anonymous (not verified) on Tue, 01/23/2024 - 18:00Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.
Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.
FTX, a now-defunct crypto exchange, has reportedly sold off its stake in Grayscale Bitcoin Trust (GBTC).
CryptoQuant CEO has explained there is a delay between when Grayscale made Bitcoin outflows and when they made a disclosure.
Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.
BTC's price has fallen since bitcoin ETFs were approved.


An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.
The data for the fourth day on which spot Bitcoin ETFs are traded in the US is complete. And the numbers are once again extremely impressive.
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