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Cryptopolitan 2024-01-17 13:37:41

Grayscale’s Bitcoin ETF sees $1.1 billion outflow amid narrowing discount

In a significant turn of events in the cryptocurrency market, approximately $1.1 billion has flowed out of Grayscale’s Bitcoin exchange-traded fund (ETF) in just three days. This sudden outflow comes as investors rushed to exit the fund, primarily driven by the narrowing discount on the Grayscale Bitcoin Trust (GBTC). The discount reached its lowest level

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