Brother Wolf duanxiangaoshoulang

Since the approval of the Bitcoin ETF in January, 8 asset management institutions have been buying Bitcoin, while Grayscale has been selling. The BTC holding trend chart is completely opposite to that of the 8 institutions, and the number of holdings is constantly decreasing. Currently, Grayscale only holds 327,566 BTC, nearly half of which have been sold. In this round of bull market, the biggest black swan is Grayscale, no one else