GBTC – bitcoinhyip.net

Grayscale’s CEO Unveils Stabilizing Trends in Bitcoin ETF Withdrawals

OnelAugust 21, 202503 mins

Following January’s blessing of multiple spot bitcoin ETFs, investors appeared to offload GBTC shares in favor of fresher alternatives. The daily exodus from GBTC has dramatically tapered down from a March peak of $600 million. Michael Sonnenshein, the head honcho at Grayscale — a heavyweight in digital asset investment — told Reuters on Wednesday that…

Grayscale Shuffles 9,000 More Bitcoins to Exchanges Ahead of Liquidation

OnelJuly 1, 202502 mins

Early Tuesday, an additional 9,000 bitcoins changed hands as Grayscale, the entity behind the Grayscale Bitcoin Trust (GBTC), transferred them to exchange platforms amid ongoing net sell-offs triggered by its shift to a spot exchange-traded fund (ETF). Just past 14:30 UTC, right when U.S. equities re-opened after a long weekend, Arkham Intelligence recorded these coins…