Grayscale CEO: GBTC outflows have reached balance
According to a report from Jinse Finance, Michael Sonnenshein, CEO of digital asset investment management company Grayscale, expects the outflow of funds from the company's Bitcoin exchange-traded fund (ETF) to have reached a balance. Sonnenshein stated that some of the sell-offs related to settlements with bankrupt cryptocurrency companies such as FTX "have basically passed."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x PWT (Episode 2): Trade to share 45,000 USDT
Announcement on the removal of the "Signal Calls" feature from the app
[Initial listing] Bitget to list MAGNE.AI (MHA)
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
Crypto prices
More
