This is mostly from hedge funds and institutions buying bitcoin and not wanting to custody it, so they have grayscale do it for them, swapping the btc for shares of GBTC.
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This is mostly from hedge funds and institutions buying bitcoin and not wanting to custody it, so they have grayscale do it for them, swapping the btc for shares of GBTC.
As it is, Litecoin and Cardano have both gone up even more than Bitcoin today so I am enjoying this!
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