📉 Grayscale's Bitcoin Exodus: A $2.14 Billion Journey 🚀

In a surprising move, Grayscale has parted ways with a whopping $2.14 billion worth of BTC since the Spot ETF approval left jaws dropping! 😲💰

Yet, fear not, as Grayscale stands strong with a substantial 566,973 BTC, boasting a staggering valuation of $23.21 billion. 🌐💪

Comparatively, iShares (BlackRock) cradles 33,431 #BTC, translating to a robust $1.37 billion. Meanwhile, Fidelity secures its share with 24,857 #Bitcoin, standing proudly at $1.02 billion. And Bitwise joins the league, holding 10,152 BTC, an impressive $415.6 million.

The burning question: 🤔 Could Grayscale's Bitcoin sell-off be a driving force behind the recent dip in Bitcoin's price?

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