FTX sold nearly $1 billion of Grayscale spot bitcoin ETF share | DeFi & Ethereum News
FTX sold nearly $1 billion of Grayscale spot bitcoin ETF shares: report
Defunct cryptocurrency exchange FTX has sold nearly $1 billion worth of shares in Grayscale's GTBC fund since the firm's instrument began trading recently as a spot bitcoin ETF, according to CoinDesk, which cited "private data" and anonymous sources. Bloomberg Intelligence senior ETF analyst Eric Balchunas posted data over the weekend showing that Grayscale's fund had shed $2.8 billion since trading began.
