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Grayscale official data: As of January 29, GBTC's Bitcoin holdings fell below 500,000

Grayscale official data: As of January 29, GBTC's Bitcoin holdings fell below 500,000

Bitget2024/01/30 00:36

According to official data from Grayscale, as of January 29th, the Bitcoin holdings of its spot Bitcoin ETF GBTC has fallen below 500,000 coins, reaching 496,573.8166 BTC with a market value of approximately $21,431,132,778.35. The current circulation of GBTC shares is 555,700,100 with each share holding about 0.0008936 BTC.

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.

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Matrixport: The Federal Reserve may start cutting interest rates, and easing expectations are likely to drive the continuation of the bull market

Recently, actual spot buying of BTC has been limited, and a divergence has emerged between ETF net inflows and the increase in spot exposure.

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