ETFStore President: GBTC’s assets under management lead more than halved in three weeks
Nate Geraci, the president of ETFStore, posted on social media that GBTC was initially leading its competitors in the spot Bitcoin ETF market with assets under management of more than 28 billion US dollars, but now it has less than 13 billion US dollars. The asset advantage has decreased by more than half in three weeks. GBTC currently manages $20.4 billion in assets, while nine new ETFs currently manage $7.8 billion in assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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