Part 6/13:
In stark contrast, Grayscale, the largest crypto fund, is experiencing a relentless outflow of assets. Reports indicate that Grayscale has sold off around 4,000 Bitcoin recently, contributing to a significant bleed that’s been ongoing for weeks. This persistent downtrend underscores investor uncertainty around regulatory clarity and market sentiment, especially related to the future of Grayscale’s Bitcoin Trust (GBTC) and its conversion prospects.