
FTX’s Trailblazing Sell-Off: The $1 Billion Grayscale Bitcoin ETF Fallout
In a surprising turn of events, FTX’s bankruptcy estate recently executed a substantial sell-off, unloading approximately $1 billion worth of Grayscale’s Bitcoin ETF. This significant move has sent shockwaves throughout the cryptocurrency market, further contributing to the ongoing volatility triggered by the recent approval of multiple Bitcoin ETFs. FTX’s Significant Role in the Market Shift…