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/crypto
zigor
·
a year ago
Users are actively withdrawing from Grayscale Bitcoin Trust (GBTC) and transferring money to more profitable spot Bitcoin ETFs
Bitcoin News on X: "Robinhood chief brokerage officer on users' behavior regarding spot #Bitcoin ETFs: 1/3 of purchasers sold equity to rebalance their portfolio 20% of the purchases/sales happened in retirement accounts GBTC sellers largely rolled their money into another spot #BTC ETF https://t.co/JXGS3OmstY" / X
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