GBTC's Bitcoin holdings have decreased by 50% since the launch of the spot BTC ETF.
2024-04-16 09:55:09
According to Grey Release's disclosures as of Monday, its Bitcoin holdings have subsequently fallen by about 50% since the launch of the spot BTC ETF on January 1 to around 311,621 BTC. GBTC's market share has fallen to 37% in terms of Bitcoin holdings over the same period, with BlackRock's IBIT and Fidelity's FBTC being the main additives.
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