📣 Bankrupt crypto exchange FTX owns around $417M of Grayscale's Bitcoin Trust (GBTC), raising questions about the fund's price when the estate winds down those holdings. FTX plans to return funds to creditors in fiat currency and trade the assets carefully to avoid crashing prices. GBTC's discount to net asset value (NAV) has narrowed to 15% recently, and many hope it won't be negatively affected by FTX's sales. The SEC's decision on spot bitcoin ETFs could impact the situation. What do you think will happen? Share your thoughts in the comments! 🤔