Bitget App
Trade smarter
Robinhood CBO: Most GBTC sellers have invested their funds into another Bitcoin spot ETF
2024/01/13 02:29
In an interview, Robinhood's chief brokerage officer Steve Quirk observed that the behavior of traders in the current Bitcoin spot ETF market includes: · 1/3 of buyers sell their shares to rebalance their portfolios · 20% of purchases/sales occur in retirement accounts · Most GBTC sellers have invested their funds into other Bitcoin spot ETFs.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Federal Reserve officials express caution on rate cuts, emphasizing inflation risks
Chaincatcher•2025/10/31 18:00
ZEC surpasses XMR in market capitalization, rising to 32nd place in cryptocurrency market cap rankings
BlockBeats•2025/10/31 17:23
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$109,239.41
+1.80%
Ethereum
ETH
$3,822.44
+1.97%
Tether USDt
USDT
$0.9995
-0.03%
XRP
XRP
$2.51
+2.86%
BNB
BNB
$1,077.61
+0.80%
Solana
SOL
$185.44
+1.49%
USDC
USDC
$0.9997
-0.00%
Dogecoin
DOGE
$0.1847
+2.50%
TRON
TRX
$0.2945
+1.18%
Cardano
ADA
$0.6030
+0.60%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now