Couple hundred thousand Bitcoin will be sold for fiat profit.
That’s roughly 166k Bitcoin per ETF.
I’m sure Larry wants to hold at least 500k, ultimately hold more than GBTC.
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So we have 12 spot #Bitcoin ETFs waiting for approval. GBTC hold circa 615k #Bitcoin.
We have roughly 1.8M Bitcoin on exchanges.
Couple hundred thousand Bitcoin will be sold for fiat profit.
That’s roughly 166k Bitcoin per ETF.
I’m sure Larry wants to hold at least 500k, ultimately hold more than GBTC.