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CoinGape 2024-02-19 06:36:24

Market Analyst Jim Bianco Unveils Reasons Behind Grayscale’s Outflows

The spot Bitcoin ETF market, Grayscale Bitcoin Trust (GBTC) has experienced substantial outflows totaling $7 billion. These outflows come at a pivotal moment as lower-fee Bitcoin ETFs emerge in the market, offering investors alternative options. The significant outflows from GBTC can be attributed to several factors. Firstly, other ETFs have begun to reduce their fees The post Market Analyst Jim Bianco Unveils Reasons Behind Grayscale’s Outflows appeared first on CoinGape .

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