they heard new lambos are coming and need cash
Let's be a little more polite🙂 In fact, everything is very simple, buyers were locked in fund for a very long time! There was a large discount to the actual price of BTC for a very long time, they finally got the opportunity to withdraw their money and are taking advantage of the moment. But do take into account that while GrayScale is selling its BTC, the Black Rock fund has increased the number of BTC to 25,000 in just 4 days. Someone sells, and someone accumulates.
Yes totally agree with that very true Also gbtc ended discount and fees higher than other etfs Also gbtc investors maybe felling ishare bitcoin trust can eating the market 😅 So all people will going to buy ishare bitcoin trust because have low fee and high liquidity
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