"Grayscale's BTC Holdings Depletion Forecast: A Closer Look"

The latest update from Odaily Planet Daily News Arkham on the X platform indicates that at the current rate of redemption, the BTC holdings of GBTC will run out in 96 days. Since GBTC transitioned into an ETF on January 11, Grayscale has transferred 266,470 BTC from its GBTC wallet for redemptions, averaging 25,900 BTC weekly. Starting the year with 618,280 BTC, Grayscale now holds only 356,440 BTC. If this pace continues, it will take another 14 weeks for GBTC's BTC reserves to be exhausted.

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