🚀 Blockchain News: Grayscale Bitcoin ETF Faces Mass Withdrawals! 💸
- Grayscale Bitcoin ETF lost about $579 million due to significant withdrawals
- At the same time, other funds working with spot assets attracted about $819 million in investments
- Possible reason is Grayscale's high expense ratio (1.5%)
- Recall that the SEC recently approved Bitcoin ETF, which caused optimism and positivity in the industry
🤔 What do you think is behind such withdrawals of funds from Grayscale? Let's discuss in the comments!