Bitcoin spot ETFs have seen a large reduction in holdings, and market volatility has intensified! Grayscale reduced its holdings of 2,167 BTC. How did the market react?

According to the latest data from Lookonchain, on April 29, 9 Bitcoin spot ETFs (including Grayscale) reduced their holdings by a total of 2,302 BTC, with a net outflow of approximately US$144.8 million. Among them, Grayscale reduced its holdings by 2,167 BTC, with a net outflow of approximately US$136.3 million. Currently, the number of BTC held by Grayscale has dropped to 298,445, equivalent to approximately US$18.77 billion. It is worth noting that BlackRock has not carried out any increase or decrease in BTC holdings for 3 consecutive days.

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