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Cryptopolitan 2024-01-16 21:23:59

Grayscale’s spot Bitcoin ETF bleeds nearly $600m

The cryptocurrency market is often synonymous with volatility and unpredictability, and Grayscale’s recent financial maneuvering perfectly encapsulates this essence. The Grayscale Bitcoin Trust, a name synonymous with digital currency investment, has recently experienced a substantial financial exodus, with approximately $579 million withdrawn in the initial days following its conversion into an Exchange-Traded Fund (ETF). This

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