Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
Grayscale sent an additional 9,000 bitcoin to an exchange following the conversion of Grayscale Bitcoin Trust (GBTC) to a spot ETF.
The move resulted in net outflows from GBTC as investors sold for various reasons, including the elimination of the discount to net asset value and lower fees at competing ETFs.
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel ... It's Here to Stay'
Jim Cramer reverses bearish stance on bitcoin as price rises to $45,000 for the first time in 21 months.
Cramer recognizes bitcoin as a technological marvel that is here to stay, contrasting with Charlie Munger's skepticism.
Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
Grayscale sent an additional 9,000 bitcoin to an exchange following the conversion of Grayscale Bitcoin Trust (GBTC) to a spot ETF.
The move resulted in net outflows from GBTC as investors sold for various reasons, including the elimination of the discount to net asset value and lower fees at competing ETFs.
Jim Cramer Capitulates on Bitcoin: 'Technological Marvel ... It's Here to Stay'
Jim Cramer reverses bearish stance on bitcoin as price rises to $45,000 for the first time in 21 months.
Cramer recognizes bitcoin as a technological marvel that is here to stay, contrasting with Charlie Munger's skepticism.