Grayscale decreased its Bitcoin holdings by 52,227 BTC valued at $2.14 billion. This divestment followed the recent approval of spot Bitcoin ETFs by the SEC. At the moment, Grayscale is holding 566,973 BTC worth $23.21 billion. The Grayscale's move to sell such a substantial portion of its BTC holdings ignited significant speculation among the members of the crypto community.
~This episode is sponsored by iTrust Capital~
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00:00 Intro
00:25 Sponsor: iTrust Capital
00:55 Bitcoin down 20%
01:29 GBTC crashing markets
03:25 Are bitcoiners selling bitcoin?
06:13 Fidelity: Bitcoin not buying enough
07:49 JP Morgan downgrades Coinbase
09:33 Stocks missing earnings
10:32 Do cycles repeat themselves?
13:40 Stablecoin update
14:29 Solana stablecoin volume + Chart
16:32 Outro
Crypto #Bitcoin #Ethereum
~Grayscale Causing Bitcoin Crash?📉🔥~
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