Bloomberg analysts: About 35% of GBTC outflows may be directed to nine other Bitcoin spot ETFs

2024-01-23 08:47:08
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ChainCatcher message, Bloomberg analyst Eric Balchunas posted on X that there is a slight change in the outflow ratio of GBTC to 9 Bitcoin spot ETFs. It was previously said to be 10%, but it feels more like 35%, especially because of retirement accounts, as taxes are not an issue in retirement accounts.

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