IBIT&FBTC is absorbing GBTC.

in H4LAB Research6 months ago

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Source: BUYBITCOINWORLDWIDE

IBIT(iShares Bitcoin Trust by BlackRock) and FBTC(Fidelity Wise Origin Bitcoin Fund) is absorbing GBTC(Grayscale Bitcoin Trust) due to the high operation fee of GBTC.

Well, I think when the net inflow of spot BTC ETF(Exchange-Traded Fund)s are plus, the BTC price will go forward. I think it will be done soon. It might be within a week?

In the recent, the BTC price has been consolidating. It makes crypto investors difficult. I think we're on the Hillary step before the summit.

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