Is it true that Grayscale Capital is selling Bitcoin? Is Grayscale Capital a capital fund?

php Editor Baicao Recently, rumors about Grayscale Capital selling Bitcoin have attracted market attention. Questions about whether Grayscale Capital is a capital market have also caused some discussion. Is it true that Grayscale Capital is selling Bitcoin? Is Grayscale Capital a capital market? This article will analyze and answer these questions to help readers better understand the current market situation.

Is it true that Grayscale Capital is selling Bitcoin?

It is true that Grayscale Capital is selling Bitcoin. Judging from the data on Arkham, the selling behavior has not occurred. As of January 15, judging from the marked Grayscale address, Grayscale’s holdings were approximately 617K Bitcoins, worth approximately US$26.6 billion, and outflows in recent days were approximately US$1.67 billion. In other words, Grayscale was not forced to sell most of its Bitcoins because customers continued to sell GBTC shares. The amount sold still only accounted for a small part.

#It is important to note that the absence of a sell-off currently does not mean that a sell-off will not occur in the future. If more people sell GBTC shares to buy other BTC shares in the future due to fee issues, and this selling behavior causes more people to choose to hold cash and wait and see after the price continues to fall, then the BTC price may continue to decline.

Everyone should understand an important fact. Selling Bitcoin is not the behavior of Grayscale as an institution. Grayscale's customers are those who want to redeem their investments, so Grayscale must abide by the sales contract. Grayscale is just an escrow company, and with the number of GBTC users locked up for years doubling, there will always be someone who needs funds. At the same time, Grayscale's management fees are also higher than other companies, which may cause some customers to be unwilling to host at Grayscale and choose to purchase from other companies to save costs.

Is Grayscale Capital a capital fund?

Grayscale Capital is not a fund disk. A fund disk is an illegal financial scam. It usually uses high returns as bait to encourage investors to invest funds, and then uses the funds of new investors to pay early investors to form a capital chain. This model is unsustainable and ultimately leads to losses for most participants.

Grayscale Capital was established in 2013 and is a legally registered and regulated company. The company is committed to providing transparent products and businesses, with its main product being digital asset trust funds. Investors can purchase these trusts to gain investment exposure to specific digital assets (such as Bitcoin, Ethereum, etc.) without directly holding these digital assets. Grayscale Capital’s trust funds provide investors with a convenient way to participate in the market for digital assets while reducing the risks associated with directly holding digital assets.

Grayscale Capital’s products are called Grayscale Trusts. These trust funds are based on specific digital assets and are managed by Grayscale Capital. Investors can purchase shares of these trust funds to indirectly own digital assets.

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