Since January 11, Grayscale has transferred 266,470 coins for GBTC redemption
According to data monitoring by Arkham, since January 11th when GBTC started trading as an ETF, Grayscale has transferred 266,470 bitcoins from its wallet for GBTC redemption. At the current redemption rate, GBTC will run out of bitcoins in 96 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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