35% of GBTC outflows expected to flow into nine other spot bitcoin ETFs
Bloomberg analyst Eric Balchunas said on the X platform that the forecast for the percentage of GBTC outflows going to the other nine spot bitcoin ETFs has changed slightly from what was previously thought to be 10 per cent, but now it's more like 35 per cent, especially for retirement accounts as tax considerations are not an issue for them.
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