Grayscale buys more bitcoin

grayscale buys more bitcoin

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Grayscale CEO Michael Sonnenshein on bitcoin ETF approval: The culmination of 10 years of work
Grayscale Investments has sold over $ billion in BTC following the SEC's approval of spot Bitcoin ETFs. According to a Jan. Grayscale Digital Large Cap Fund is holding about 5, BTC as of January 18, The bank's estimates imply that about $ billion has moved from GBTC to newly created spot bitcoin ETFs, which are cheaper. This is equivalent.
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BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. That said, there is reason to believe this could be a temporary phenomenon. Calculated at the end of each business day using the 4pm ET index price.