Flow

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More / Bitcoin Reddit - 1 year ago

Where are Grayscale funds flowing to?

GBTC trust is selling a lot of bitcoin, over 300,000 since conversion. It can be interpreted in 2 ways, I don't know which is correct. Holders of GBTC are selling because of high fees, and re-buying the new 9 (Blackrock, Fidelity, etc) GBTC is a...