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GBTC Could Face Outflows of $2.7 Billion Upon ETF Conversion, JPMorgan Analysts Estimate
    Posted on 11/24/2023
Analysts at JPMorgan are estimating that GBTC could face outflows of $2.7 billion upon its conversion to a spot Bitcoin ETF. This figure is based on the amount of GBTC shares that have been purchased since the beginning of the year, likely in anticipation of the ETF conversion.
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