🚀 Breaking News!
In a remarkable twist, BlackRock's $IBIT is swiftly closing in on Grayscale's $GBTC in total #Bitcoin holdings. At the current trajectory, it's anticipated that $IBIT will surpass $GBTC within the next 37 days.
BlackRock's Acquisition:
Over the past 4 trading days, BlackRock has procured an impressive 25,067 #Bitcoin averaging a remarkable daily acquisition rate of around 6,266 Bitcoin
Grayscale's Outflow:
Conversely, Grayscale has witnessed an outflow of approximately $1.6 billion in the same 4 trading days. This equates to a departure of about 37,209.30 Bitcoin from Grayscale, considering the current Bitcoin price of $41,800 per coin.
Stay tuned as the dynamics of the crypto market continue to unfold! 📈💼 #BlackRock #Grayscale #BitcoinInvestment