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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)$109,377.003.72%
  • ethereumEthereum(ETH)$2,674.667.57%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.292.31%
  • binancecoinBNB(BNB)$662.241.99%
  • solanaSolana(SOL)$158.315.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1912405.41%
  • tronTRON(TRX)$0.2863200.50%
  • cardanoCardano(ADA)$0.706.10%
  • bitcoinBitcoin(BTC)$109,377.003.72%
  • ethereumEthereum(ETH)$2,674.667.57%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.292.31%
  • binancecoinBNB(BNB)$662.241.99%
  • solanaSolana(SOL)$158.315.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1912405.41%
  • tronTRON(TRX)$0.2863200.50%
  • cardanoCardano(ADA)$0.706.10%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$109,377.003.72%
  • ethereumEthereum(ETH)$2,674.667.57%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.292.31%
  • binancecoinBNB(BNB)$662.241.99%
  • solanaSolana(SOL)$158.315.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1912405.41%
  • tronTRON(TRX)$0.2863200.50%
  • cardanoCardano(ADA)$0.706.10%
  • bitcoinBitcoin(BTC)$109,377.003.72%
  • ethereumEthereum(ETH)$2,674.667.57%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.292.31%
  • binancecoinBNB(BNB)$662.241.99%
  • solanaSolana(SOL)$158.315.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1912405.41%
  • tronTRON(TRX)$0.2863200.50%
  • cardanoCardano(ADA)$0.706.10%