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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
coinpedia
2024-01-23 03:13:16

FTX Crashed Bitcoin Price Below $40K – Here’s How

FTX Crashed Bitcoin Price Below $40K – Here’s How

The post FTX Crashed Bitcoin Price Below $40K – Here’s How appeared first on Coinpedia Fintech News Following the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund, the bankrupt FTX’s assets have now sold approximately $1 billion worth of GBTC shares. Details of The Sale FTX, which filed for Chapter 11 Bankruptcy on 11 November 2022, has recently sold 22 million shares of GBTC, which converted into Bitcoin ETFs earlier …

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