Deleted Account on Nostr: Grayscale’s #GBTC has lost 42% of its bitcoin since January 11. At this pace the ...
Grayscale’s #GBTC has lost 42% of its bitcoin since January 11. At this pace the Trust will be emptied by the end of Q2. Keeping the fee at 1.5% was good in the short term for them, but will prove to be a fatal move unless they lower the fee. #bitcoin
Published at
2024-03-22 15:56:20Event JSON
{
"id": "ddbd324ef2f76bb721fa8d8a46a707500e4e6c42e527c785bf6f34ee70ce0d09",
"pubkey": "fd03c4e654da677c7e2e90a6b23c71535f61f62637f8b0b2edcfbd17c92f33ee",
"created_at": 1711122980,
"kind": 1,
"tags": [],
"content": "Grayscale’s #GBTC has lost 42% of its bitcoin since January 11. At this pace the Trust will be emptied by the end of Q2. Keeping the fee at 1.5% was good in the short term for them, but will prove to be a fatal move unless they lower the fee. #bitcoin",
"sig": "2e9887e6b360ffc61e97b52a12baf44affa923d05a83d41dfe19f0b79057531c4f3148c2ed75baa7b7df6843fe46396702ae6ed58abfd3b6b5efc23f19e9ec2f"
}