🚨 IMPORTANT 🚨
Following the approval of the BTC spot ETF, Grayscale has deposited 79,213 BTC, worth $3.27 billion, into Coinbase Prime. Currently holding 558.28k BTC, valued at $22.45 billion, Grayscale shows a bullish perspective.
✅ FTX was the primary seller, offloading about 2.5 million shares daily for 8 days.
✅ Despite the GBTC sell-off, there's a net inflow of $1.1 billion, equivalent to 28,000 Bitcoins today.
✅ The FBTC (Fidelity Bitcoin Fund) is outpacing Blackrock in growth.
