Finally, IBIT caught up with Grayscale's BTC holdings 😲

in hive-103599 •  7 months ago  (edited)

1000016535.jpg

Source: Apollo

It's a remarkable result 👏 I couldn't expect that it caught up with GBTC(Grayscale BTC) BTC(Bitcoin) holdings early. They're like blackholes ⚫️

Recently, the BTC price has been stuck around $70k. I think someday, central banks of countries will hold BTC as a reserve currency. If many countries adopt the way, BTC won't be able to compare than now. It will take some years.

1000016538.jpg

Source: Bitcoin Treasuries

It's a list of countries holding BTC. They have even not sold BTC a lot. It seems that their perspectives about BTC are positive.

hive-103599 btc bitcoin ibit gbtc grayscale holdings
7 months ago by

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      ·  7 months ago 

    This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

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      ·  7 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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