JPMorgan Says Bitcoin Could See $2.7B of Outflows if Grayscale Bitcoin Trust ETF Conversion Approved

JPMorgan Says Bitcoin Could See $2.7B of Outflows if Grayscale Bitcoin Trust ETF Conversion Approved

JP Morgan recently said that Grayscale Bitcoin Trust could see $2.7B of outflows if Grayscale Bitcoin Trust ETF Conversion Approved. Since the start of the year, traders have been acquiring GBTC shares at a significant discount. The report highlights a potential scenario where Bitcoin prices might face pressure due to a potential outflow of funds […]

JPMorgan Says Bitcoin Could See $2.7B of Outflows if Grayscale Bitcoin Trust ETF Conversion Approved Read More »