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Bloomberg Analyst: 35% of GBTC outflows may flow into nine other spot Bitcoin ETFs

Bloomberg Analyst: 35% of GBTC outflows may flow into nine other spot Bitcoin ETFs

2024/01/22 23:45

Bloomberg ETF analyst Eric Balchunas pointed out that 35% of the funds flowing out of GBTC may be going to nine other spot Bitcoin ETFs, especially retirement accounts, as taxes are not an issue for them.

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