Ian Allison / CoinDesk:

Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the US SEC approved 11 ETFs and BTC's price tumbling since  —  BTC's price has fallen since bitcoin ETFs were approved.  In theory, now that FTX is done selling its substantial holdings …

Ian Allison / CoinDesk:

Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the US SEC approved 11 ETFs and BTC's price tumbling since  —  BTC's price has fallen since bitcoin ETFs were approved.  In theory, now that FTX is done selling its substantial holdings …

Source: TechMeme
Source Link: http://www.techmeme.com/240122/p9#a240122p9