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Grayscale Causing Bitcoin Crash?📉🔥
Video Credit: Rumble
Published on January 25, 2024 - Duration: 17:15s
Grayscale Causing Bitcoin Crash?📉🔥
Grayscale decreased its Bitcoin holdings by 52,227 BTC valued at $2.14 billion.
This divestment followed the recent approval of spot Bitcoin ETFs by the SEC.
At the moment, Grayscale is holding 566,973 BTC worth $23.21 billion.
The Grayscale's move to sell such a substantial portion of its BTC holdings ignited significant speculation among the members of the crypto community.