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#btc #BTC-ETF #BTC #BITCOIN WHY ? BITCOIN PRICE DUMP....must read Experts Reveal Top Reaons Behind Bitcoin Price Crash ; How Low Can BTC Price Drop ? After Bitcoin’s nearly 7% drop below $44,000, economist Peter Schiff said on X (previously Twitter) that Grayscale’s Bitcoin Trust (GBTC) may not survive. Schiff questioned GBTC’s capacity to advertise aggressively amid declining Bitcoin prices. Now the skepticism coincides with the rise of rival, lower-fee Bitcoin ETFs, prompting fears about GBTC shareholder abandonment. Here’s what it all means for you. The launch of spot Bitcoin ETFs by Bitwise Invest, Fidelity, and BlackRock in the U.S. attracted $625.8 million in net inflows. Grayscale’s Bitcoin Trust lost $95 million, raising issues about investor preferences and GBTC’s exorbitant fees. A large Bitcoin transfer from GBTC to a Coinbase Prime deposit address suggests investor assets may be shifting to other ETFs or regular selling. Scaramucci: Grayscale ETF Sales Fueled Bitcoin Decline On the other side, despite Bitcoin’s 8% dip to $42,500 after ETF approval, some market analysts have labeled the launch a failure. Anthony Scaramucci, founder of SkyBridge Capital, points to substantial GBTC share sales as a key contributor. In an interview with Bloomberg Television, Scaramucci highlighted a trend of significant Grayscale selling, with holders converting their shares from a trust to an ETF format. The recent SEC approval of ETFs led many to shift to these lower-fee alternatives, resulting in sell-offs to realize losses. Having said that, Grayscale Bitcoin Trust, founded in 2013, had a record First-Day turnover of $2.3 billion on Thursday, a milestone for ETFs. Following losses, trust stockholders sought cheaper alternatives, lowering Bitcoin prices below $43,000 on Friday. GBTC shares fell 5.2% to $38.58 on Friday, compared to Bitcoin’s over 160% rise in the previous year. follow my channel #krypto1signal

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#BTC-ETF

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WHY ? BITCOIN PRICE DUMP....must read

Experts Reveal Top Reaons Behind Bitcoin Price Crash ; How Low Can BTC Price Drop ?

After Bitcoin’s nearly 7% drop below $44,000, economist Peter Schiff said on X (previously Twitter) that Grayscale’s Bitcoin Trust (GBTC) may not survive. Schiff questioned GBTC’s capacity to advertise aggressively amid declining Bitcoin prices. Now the skepticism coincides with the rise of rival, lower-fee Bitcoin ETFs, prompting fears about GBTC shareholder abandonment. Here’s what it all means for you.

The launch of spot Bitcoin ETFs by Bitwise Invest, Fidelity, and BlackRock in the U.S. attracted $625.8 million in net inflows. Grayscale’s Bitcoin Trust lost $95 million, raising issues about investor preferences and GBTC’s exorbitant fees. A large Bitcoin transfer from GBTC to a Coinbase Prime deposit address suggests investor assets may be shifting to other ETFs or regular selling.

Scaramucci: Grayscale ETF Sales Fueled Bitcoin Decline

On the other side, despite Bitcoin’s 8% dip to $42,500 after ETF approval, some market analysts have labeled the launch a failure. Anthony Scaramucci, founder of SkyBridge Capital, points to substantial GBTC share sales as a key contributor.

In an interview with Bloomberg Television, Scaramucci highlighted a trend of significant Grayscale selling, with holders converting their shares from a trust to an ETF format. The recent SEC approval of ETFs led many to shift to these lower-fee alternatives, resulting in sell-offs to realize losses.

Having said that, Grayscale Bitcoin Trust, founded in 2013, had a record First-Day turnover of $2.3 billion on Thursday, a milestone for ETFs. Following losses, trust stockholders sought cheaper alternatives, lowering Bitcoin prices below $43,000 on Friday. GBTC shares fell 5.2% to $38.58 on Friday, compared to Bitcoin’s over 160% rise in the previous year.

follow my channel #krypto1signal

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#BTC #BTC-ETF. #ETH @Krypto1signal JP Morgan Predicts Up to $35 Billion Inflows into New Bitcoin ETFs According to Coin News, J.P. Morgan has expressed skepticism about the amount of fresh capital that new spot bitcoin exchange-traded funds (ETFs) will attract. In a recent research report, the bank stated that while the market reaction to the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin ETFs has been relatively muted, it does expect significant funds to rotate from existing crypto products into the newly created ETFs. Even if no new capital enters the cryptocurrency market, the new ETFs could still attract inflows of up to $36 billion. P. Morgan estimates that about $3 billion could exit the Grayscale Bitcoin Trust (GBTC) and migrate to the new spot ETFs as a result of investors taking profit after buying discounted GBTC shares in the secondary market in the last year. The bank also sees up to $20 billion from retail investors migrating from digital wallets held at crypto exchanges to the new ETFs. Grayscale's high fees could trigger outflows, and unless it lowers its rates towards the level set by Blackrock and other providers, an additional $5 billion-$10 billion could exit GBTC relatively quickly to migrate towards cheaper spot bitcoin ETFs. Institutional investors that hold their crypto in fund format could shift from futures-based ETFs and GBTC to cheaper spot ETFs, especially if GBTC is slow to cut its fees, the report added. $BTC $SEC $ETF $GBTC $US $BNB
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