Crypto Exchange CEO Says Huge Grayscale Bitcoin Trust Unlock Doesn't Matter for BTC – Here's Why

Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, doesn’t agree with opinions about the impact of the upcoming Grayscale Bitcoin Trust (GBTC) unlock. About 40,000 BTC worth more than $1.32 billion will be unlocked from the Grayscale Bitcoin Trust this month, and analysts at JP Morgan have predicted that it could be a bearish catalyst […] The post Crypto Exchange CEO Says Huge Grayscale Bitcoin Trust Unlock Doesn’t Matter for BTC – Here’s Why appeared first on The Daily Hodl.