JPMorgan Anticipates a $2.7 Billion Outflow from GBTC Due to ETF Conversion

The post JPMorgan Anticipates a $2.7 Billion Outflow from GBTC Due to ETF Conversion appeared first on Coinpedia Fintech News The recent surge in Grayscale Bitcoin Trust (GBTC) shares, which have climbed over 25% in the past month to $30.45, is primarily attributed to the U.S. Securities and Exchange Commission’s (SEC) decision not to appeal the August verdict from the D.C. Circuit Court of Appeals. This decision, made in early November, has reignited interest in …