🔥 🔥 🔥 BTC amount decreased by 50% at Grayscale ETF after three months of ETF!!!

⏩ Initially, when the Grayscale fund was approved by the US for ETF spot, they were holding a large amount of BTC, estimated at 619,220 BTC. However, after just three months of trading, the number of BTC leaving the GBTC pool has reached a 50% decrease, leaving GBTC's remaining BTC amount at only about 311,621 BTC as of April 15, according to data from CoinGlass.

⏩ Other spot ETFs such as BlackRock's IBIT and Fidelity's FBTC have seen significant benefits from this flow, with these funds absorbing the BTC leaving GBTC. Data from The Block shows that GBTC's market share fell to 37.3% on April 15, while IBIT and FBTC's market share increased to 32.2% and 17.8%, respectively. %.

CrabCoin Synthetic!

#Grayscale #BlackRock #Fidelity