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GBTC’s assets under management reached an all-time high of $2.8 billion
By the end of June, Grayscale held 225,316 bitcoins or just under 1.3% of Bitcoin’s total circulating supply
Bitcoin inflows, or the amount of bitcoin added to GBTC’s holdings, are reaching lows, which signals a falling institutional interest
The GBTC premium is currently about 30% and has started decreasing, which shows a shift in market sentiment
Footnotes
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