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FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

Posted on 01/23/2024

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

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