ETFStore President: Grayscale's goal is to launch mini-GBTC
ETFStore President Nate Geraci posted on social media that GBTC has seen an outflow of $7 billion in the past 5 weeks, with the chart showing a clear slowdown in capital outflows. In my view, Grayscale's goal is to launch a "mini-GBTC" (a spot Bitcoin ETF with significantly reduced fees).
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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