Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitget
News
Robinhood CBO: Most GBTC sellers put funds into another Bitcoin spot ETF

Robinhood CBO: Most GBTC sellers put funds into another Bitcoin spot ETF

CointimeCointime2024/01/13 02:37
By:Cointime

Steve Quirk, Chief Brokerage Officer of Robinhood, stated in an interview that he observed the behavior of traders in the current Bitcoin spot ETF market, which includes:

· 1/3 of buyers selling equity to rebalance their investment portfolios

· 20% of purchases/sales occurring in retirement accounts

· Most GBTC sellers have invested their funds in other Bitcoin spot ETFs.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trending news

More
1

Notice: Maintenance for VND deposit service

2

TAUSDT now launched for futures trading and trading bots

Crypto prices

More
Bitcoin
Bitcoin
BTC
$118,941.54
+0.23%
Ethereum
Ethereum
ETH
$3,843.11
+2.53%
XRP
XRP
XRP
$3.62
+2.97%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$778.31
+4.06%
Solana
Solana
SOL
$193.39
+6.35%
USDC
USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2782
+10.19%
Cardano
Cardano
ADA
$0.9217
+6.43%
TRON
TRON
TRX
$0.3160
-0.20%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter
Trade smarter
Download app
Company
About Bitget Contact us Community Careers LALIGA partnership Messi partnership 2022–2024 Turkish elite athletes partnership Blockchain4Youth Blockchain4Her Media Kit Bitget Academy Bitget Blog Announcement Center Proof of Reserves Protection Fund Bitget Token (BGB) Partner links Sitemap
Products
Buy crypto Spot Onchain Futures Margin Bots Earn APIs Web3 wallet Fiat OTC Bitget swap
Copy
Spot copy trading Futures copy trading Bot copy trading TraderPro
Services
Submit feedback Help Center Verify official channels Anti-scam hub Listing application VIP services Affiliate program Institutional services Asset custody Download data Promotions Referral program Fee schedule Tax filing API
Legal and disclosures
Law enforcement request Regulatory request Compliance Regulatory license AML/CFT policies Privacy policy Terms of Use Risk disclosure ST rules Futures Services Agreement
Tools
Telegram Apps Center Discord Apps Center Crypto directory Crypto wiki Crypto widgets Events calendar ICO calendar Crypto glossary Profit calculator Airdrop library Bitcoin ETF Market cap comparison
Buy crypto
Crypto categories Calculator Buy Bitcoin Buy ETH Buy DOGE Buy XRP Buy BGB Buy SHIB Buy BLUM Crypto prices Bitcoin price Ethereum price Solana price chart Blum price BRC-20 price
Trade smarter
Download app
© 2025 Bitget
丨Privacy·Terms·Risk