In the last bull market, Grayscale was the darling of the market. The coins held by Grayscale were all high-quality coins.#BTCwas spot ETH.

Everything changed after passing the agreement. Grayscale is only a custody institution. In addition, Grayscale’s management fee is 1.5%, while other companies are generally below 0.3%. As an investor, I will also adjust and choose other institutions to analyze the detailed data and its impact on the big cycle. It makes no sense to me. From a macro perspective, under such a nuclear-weapon-level deterrent

The price of#BTCis at least still strong. If there is a big pin, it may be the last time to enter the market for short positions. The impact of Grayscale’s redemption pressure on the overall Bitcoin market is short-term. This stage is the new era of spot ETFs, so Please ignore the short-term impact and look at the long-term benefits. I am more afraid of missing this new milestone than being trapped.

Inscription Market Attention (.ant) #铭文.ant