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GBTC Holdings Below 500,000 BTC, $2.21 Billion Net Outflows in 13 Trading Days

GBTC, the grayscale Bitcoin spot ETF, experienced net outflows of $2.21 billion in the 30th/13th trading day local time. This is higher than yesterday's net outflows of $192 million. According to official Grayscale data, GBTC's BTC holdings stood at 492,112.4534 BTC after 13 trading days. This is a decrease of 4,461 BTC from the previous day (Jan. 29). The total number of GBTC shares outstanding is 550,730,100, and one GBTC share is worth 0.00089356 BTC. Meanwhile, Bitwise BITB's BTC holdings increased by 501.61 BTC to 14,541.BTC ($6.34 billion) over the same period.

Binance WBTC plunges to $5200, then recovers

Cointelegraph reports, “A flash crash in the price of WBTC occurred on Binance on Nov. 23 (local time). This caused WBTC to briefly drop from $98,000 to $5,200, but has since recovered. The cause of the error is still unknown.

blockchain crypto cryptocurrency Trump nominates Crypto Proponent Secretary (SpotedCrypto)

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

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