GBTC has sold 296000 Bitcoins in the past three months
2024-04-09 21:58:37
Analyst Checkmate from Glassnode, an on chain data analytics company, stated in a post that when Bitcoin Exchange Traded Funds (ETFs) began trading, GBTC held over $28 billion worth of 619000 Bitcoins. In the past three months, almost half of the holdings, namely 296000 Bitcoins, have been sold (accounting for 1.5% of the total Bitcoin supply). Currently, GBTC's net asset value (AUM) remains at $23.2 billion.
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