Grayscale Bitcoin Trust (GBTC) Breaks Unusual Record: Details

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In defense of this, Grayscale executives noted that the legacies of GBTC and the expertise of its team would make the fees insignificant at the end of the day. From current data indications, observers are seeing this trend as a mega red flag, one that might not favor Grayscale in the near future.The spot Bitcoin ETF ecosystem might be said to be losing steam gradually. This position stems from the recent break in the stellar performance of BlackRock’s IBIT thus far.

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