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Ethereum World News 2021-06-11 10:35:30

Institutional Demand for Grayscale’s GBTC and 3iQ’s QBTC Decreases

Institutional demand for GBTC and QBTC has dropped The premium on both Bitcoin products has been in negative territory since March The trade volume of GBTC and QBTC has also been reducing since the beginning of the year Grayscale has not purchased additional Bitcoin since February and 3iQ has reduced its Bitcoin holdings by 7.98k this month Institutional demand for the Grayscale Bitcoin Trust (GBTC) and 3iQ’s Bitcoin Fund (QBTC) has been on the decline for the better part of […]

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