Grayscale CEO: GBTC outflows have reached balance
According to a report from Jinse Finance, Michael Sonnenshein, CEO of digital asset investment management company Grayscale, expects the outflow of funds from the company's Bitcoin exchange-traded fund (ETF) to have reached a balance. Sonnenshein stated that some of the sell-offs related to settlements with bankrupt cryptocurrency companies such as FTX "have basically passed."
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