Robinhood Chief Brokerage Officer: Most GBTC sellers are transferring funds into another Bitcoin spot ETF

2024-01-13 10:26:48
Collection

ChainCatcher news, Robinhood's Chief Brokerage Officer Steve Quirk mentioned that when discussing user behavior regarding the spot BTC ETF, 1/3 of buyers sell their shares to rebalance their portfolios; 20% of purchases/sales occur within retirement accounts; most GBTC sellers transfer their funds into another Bitcoin spot ETF.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators