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Cryptopolitan 2024-01-23 09:17:33

Grayscale reduces Bitcoin holdings by over 52,000 BTC

Grayscale Investments, the entity behind the Grayscale Bitcoin Trust (GBTC), has executed a large-scale sell-off of its Bitcoin holdings. The divestment amounts to approximately $2.14 billion, a decision made in the wake of the United States Securities and Exchange Commission (SEC) authorizing spot Bitcoin exchange-traded funds (ETFs). Grayscale’s strategic move amidst market changes Grayscale Investments,

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