CoinGape
2024-02-06 00:06:59

Grayscale’s Bitcoin Holdings Reportedly Dwindle as ETF Peers Rally in Acquisition

Weeks after the launch of the spot Bitcoin ETFs, Grayscale’s Bitcoin holdings have reportedly decreased. Crypto commentator and analyst Seth revealed on X that Grayscale’s holdings have reduced from 619,000 BTC in January to 478,000 BTC. Seth also notes that, amidst this reduction, investment giants like Blackrock and Fidelity have been actively absorbing the outflow. The post Grayscale’s Bitcoin Holdings Reportedly Dwindle as ETF Peers Rally in Acquisition appeared first on CoinGape .

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