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Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure

June 30, 2023 by DIGIT
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Grayscale GBTC Trust conversion to an ETF will unlock a potential sale of up to $18 billion in Bitcoin.

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Categories Bitcoin ETF, BlackRock, BTC, DCG, ETF, Funds, GBTC, grayscale, Markets, trust, vaneck
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  • bitcoinBitcoin(BTC)$90,022.00-1.00%
  • ethereumEthereum(ETH)$3,078.44-2.94%
  • tetherTether(USDT)$1.00-0.10%
  • solanaSolana(SOL)$232.066.55%
  • binancecoinBNB(BNB)$622.58-0.96%
  • rippleXRP(XRP)$1.10-3.72%
  • dogecoinDogecoin(DOGE)$0.359494-2.75%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • staked-etherLido Staked Ether(STETH)$3,080.75-2.75%
  • cardanoCardano(ADA)$0.72-5.12%
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  • bitcoinBitcoin(BTC)$90,022.00-1.00%
  • ethereumEthereum(ETH)$3,078.44-2.94%
  • tetherTether(USDT)$1.00-0.10%
  • solanaSolana(SOL)$232.066.55%
  • binancecoinBNB(BNB)$622.58-0.96%
  • rippleXRP(XRP)$1.10-3.72%
  • dogecoinDogecoin(DOGE)$0.359494-2.75%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • staked-etherLido Staked Ether(STETH)$3,080.75-2.75%
  • cardanoCardano(ADA)$0.72-5.12%