The number of grayscale GBTC shares in circulation fell below 500 million
Grayscale has updated its GBTC holdings data as of February 26th. The number of BTC held by GBTC has decreased to 444,466.2191, while the assets under management (non-GAAP) have increased to $24,214,128,487.78. The number of outstanding shares has decreased to below 500 million, currently reaching 497,960,100, with each share holding approximately 0.00089257 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.
You may also like
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
