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cryptonews 2024-01-09 06:20:48

Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume

Image by Ascannio, Adobe Stock Grayscale’s Bitcoin Trust (GBTC) has demonstrated significant trading volume, surpassing the majority of existing exchange-traded funds (ETFs). According to industry expert Eric Balchunas, the fund traded close to half a billion dollars on January 8, outshining more than 99% of the approximately 3,000 current ETFs. Balchunas highlighted that if spot Bitcoin The post Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume appeared first on Cryptonews .

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