Bitcoin outflow from Grayscale's fund exceeds $5 billion
23 Jan 2024 1 minute read 1 comment Stormgain
The emergency of spot Bitcoin ETFs in the US is putting downward pressure on the crypto. The conversion of Grayscale's trust fund into a Bitcoin ETF, with over 620,000 BTC worth $28.6 billion as of the transformation date, was one of the key reasons....