Cryptocurrency Q&A What happened to Grayscale GBTC?

What happened to Grayscale GBTC?

BlockchainBaronGuard BlockchainBaronGuard Sun Dec 29 2024 | 6 answers 1310
I'm wondering about the recent developments or changes related to Grayscale GBTC. Has there been any significant news or events affecting it? What happened to Grayscale GBTC?

6 answers

Lorenzo Lorenzo Tue Dec 31 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to cater to the needs of crypto enthusiasts.

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Riccardo Riccardo Tue Dec 31 2024
Specifically, data from Coinglass reveals that more than 60% of Grayscale's Bitcoin holdings in its Grayscale Bitcoin Trust (GBTC) have been reduced.

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KimchiQueen KimchiQueen Tue Dec 31 2024
This notable decline occurred after the fund underwent a transformation, transitioning from its original form to an exchange-traded fund (ETF).

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AzrilTaufani AzrilTaufani Tue Dec 31 2024
The conversion to an ETF is believed to have impacted investors' perceptions and strategies, leading to the substantial reduction in holdings.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Tue Dec 31 2024
Grayscale, the prominent crypto asset manager occupying the second spot, has faced significant changes in its Bitcoin holdings.

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