Grayscale CEO: GBTC capital outflows have reached balance
Michael Sonnenshein, CEO of digital asset investment manager Grayscale, expects outflows from the company’s Bitcoin exchange-traded fund (ETF) to have balanced out. Sonnenshein said some of the sell-off related to settlements with bankrupt cryptocurrency companies like FTX is “largely behind us.”
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.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month


Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
CME Group: BrokerTec EU market is now open for trading, all other markets remain suspended