Crypto Patel

Breaking News! $BTC

In a stunning turn of events, BlackRock's $IBIT has been rapidly catching up to Grayscale's $GBTC in terms of #Bitcoin holdings. At the current pace, it's projected that in just 37 days, $IBIT will surpass $GBTC in total Bitcoin holdings.

BlackRock's Acquisition:

In just 4 trading days, BlackRock has acquired a staggering 25,067 #Bitcoin.

This translates to an impressive daily acquisition rate of approximately 6,266 bitcoin per day.

Grayscale's Outflow:

On the other hand, Grayscale has experienced an outflow of around $1.6 billion in the same 4 trading days.

This means that approximately 37,209.30 #BTC have left Grayscale during this period, with bitcoin priced at $41800 per coin.

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