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Cryptopolitan 2024-01-23 04:28:46

FTX estate and Alameda Research sell majority of Grayscale Bitcoin Trust shares

The estate associated with the failed crypto exchange FTX and hedge fund Alameda Research reportedly sold over two-thirds of its Grayscale Bitcoin Trust (GBTC) shares recently. The sale, which occurred at the onset of spot exchange-traded fund (ETF) trading for GBTC, is estimated to have generated at least $600 million in proceeds. This move by

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