Grayscale will exhaust its Bitcoin holdings in 96 days
Arkham data monitoring shows that since January 11th, when GBTC started trading as an ETF, Grayscale has transferred 266,470 Bitcoins from its wallet for GBTC redemptions. At the current redemption rate, GBTC will exhaust its Bitcoin holdings in 96 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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