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JUST IN: #Bitcoin surged +5% today after Grayscale ETF outflows fell almost 50% to $255m from an average of ~$500m.

Imagine when they stop… 🚀

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Deleted Account · 113w

I don't think the outflows will stop until the trust is empty. Why would anyone pay the 1.5% fee when Grayscale has no competitive advantage over other ETFs, and now you can just click a few buttons to transfer to another ETF?