Hundreds of Millions of Dollars of BTC Released from Grayscale Bitcoin Trust: Price Falls

Grayscale Investments transferred more than $600 million worth of Bitcoin (BTC) to Coinbase Prime as the US markets opened. sent.

According to blockchain data platform Arkham Intelligence Grayscale Bitcoin Trust (GBTC) to Coinbase Prime today around 17:20 Türkiye time Large amounts of Bitcoin started to be sent.

Grayscale Bitcoin Trust began trading as an exchange-traded fund (ETF) on January 11, following approval from the U.S. Securities and Exchange Commission (SEC) last week.

Compared to other spot Bitcoin ETFs higher fund management fee Large amounts of sales have been made so far from GBTC. From GBTC since the first trading day More than 52 thousand ($2.14 billion) Bitcoin There was an exit.

Bitcoin price on a daily basis, according to TradingView data down 2.51% and fell to the level of 40 thousand 711 dollars.

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