Grayscale CEO: GBTC outflows have reached balance
According to a report from Jinse Finance, Michael Sonnenshein, CEO of digital asset investment management company Grayscale, expects the outflow of funds from the company's Bitcoin exchange-traded fund (ETF) to have reached a balance. Sonnenshein stated that some of the sell-offs related to settlements with bankrupt cryptocurrency companies such as FTX "have basically passed."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
[Initial Listing] Bitget Will List Planck (PLANCK) in the Innovation, AI and DePIN Zone
Trending news
MoreCrypto prices
More
