Grayscale transfers another 9,000 Bitcoins to Coinbase! GBTC had an outflow of US$1.16 billion in three days. The U.S. Bitcoin spot ETF has achieved outstanding results in three days since its listing. According to statistics from Bloomberg ETF analysts, the total trading volume has now approached US$10 billion, and the net inflow of funds in the first two days exceeded US$800 million. At present, it seems that GBTC is still being redeemed. According to BitMEX Research statistics, Grayscale’s GBTC had an outflow of US$590 million on the third day, which means that GBTC has currently outflowed US$1.169 billion. If these outflows of funds do not flow to other Bitcoin spot ETFs (Grayscale charges a 1.5% handling fee which is higher than other issuers), it will not be a good thing for Bitcoin to continue to rise. #Manta #Manta #Launchpool #BTC #TRB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.