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Bloomberg Analyst: 35% of GBTC outflows may flow to 9 other spot Bitcoin ETFs

Bloomberg Analyst: 35% of GBTC outflows may flow to 9 other spot Bitcoin ETFs

CointimeCointime2024/01/23 00:00
By:Cointime

Bloomberg ETF analyst Eric Balchunas pointed out that 35% of the funds flowing out of GBTC may flow to other 9 spot Bitcoin ETFs, especially for retirement accounts, because taxes are not a problem for them.

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