Home Forex GBTC Could See $2.7 Billion Outflow Upon ETF Conversion, JPMorgan Analysts Say

GBTC Could See $2.7 Billion Outflow Upon ETF Conversion, JPMorgan Analysts Say

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JPMorgan analysts say the Grayscale Bitcoin Trust (GBTC) could see a massive outflow of over $2.7 billion upon the potential conversion of the trust into an exchange-traded fund (ETF). GBTC is currently the largest public bitcoin investment vehicle and has recently seen a massive surge of inflows.

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