Grayscale CEO: GBTC capital outflows have reached balance
Michael Sonnenshein, CEO of digital asset investment manager Grayscale, expects outflows from the company’s Bitcoin exchange-traded fund (ETF) to have balanced out. Sonnenshein said some of the sell-off related to settlements with bankrupt cryptocurrency companies like FTX is “largely behind us.”
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.
You may also like
Over $321M in Token Unlocks Set for ZRO, ARB, SOL, and DOGE This Week

This Week's Unlock Schedule: ZRO, ARB, KAITO, and Others to Experience Large One-Time Token Unlock
U.S. labor data shows that employment will decrease by over 1 million in 2025