Grayscale reduces Bitcoin holdings by over 52,000 BTC

Grayscale Investments, the entity behind the Grayscale Bitcoin Trust (GBTC), has executed a large-scale sell-off of its Bitcoin holdings. The divestment amounts to approximately $2.14 billion, a decision made in the wake of the United States Securities and Exchange Commission (SEC) authorizing spot Bitcoin exchange-traded funds (ETFs). Grayscale’s strategic move amidst market changes Grayscale... source: https://www.cryptopolitan.com/grayscale-reduces-bitcoin-holdings/