Does Grayscale have enough GBTC to sell bitcoin into March?
Grayscale has over 530,000 bitcoin and could theoretically keep selling into mid-March, but as a passive ETF manager, that's highly unlikely.
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Grayscale has over 530,000 bitcoin and could theoretically keep selling into mid-March, but as a passive ETF manager, that's highly unlikely.
Read more (3 min) →Grayscale must ensure that GBTC’s share price tracks bitcoin's price. This requires selling and buying bitcoin every day.
Is bitcoin a rich man's casino? Comparing price action with moves by major players seems to confirm they can indeed shift the bitcoin market.
Three Arrows was also one of the major investors in Grayscale Bitcoin Trust, last year disclosing ownership of more than 38 million shares.