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Coin Edition 2024-01-19 11:10:00

Grayscale Dumping Bitcoin Holdings? Here’s Why

Crypto influencer and trader known as Ash Crypto shared his perspective on the reasons behind Grayscale “dumping” Bitcoin. The trader believes that before the spot Bitcoin exchange-traded fund (ETF) approval, the Grayscale Bitcoin Trust (GBTC) used to redeem its shares by providing investors with equivalent value in USD. Grayscale did so without selling the Bitcoin The post Grayscale Dumping Bitcoin Holdings? Here’s Why appeared first on Coin Edition .

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