Cryptopolitan
2024-01-29 19:06:45

Signs of market stabilization in GBTC as outflows slow, according to JPMorgan

Recent reports from JPMorgan analysts indicate a significant shift in cryptocurrency investment patterns, particularly focusing on Grayscale’s Bitcoin Trust (GBTC) and newly launched Bitcoin Exchange-Traded Funds (ETFs). Kenneth Worthington, leading the analyst team, observed notable changes in investment flows and sales within these cryptocurrency instruments. Grayscale’s ETF dynamics On a recent Friday, Grayscale’s spot Bitcoin

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