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Shift in Bitcoin ETF Dynamics: Grayscale Faces Rivals as Market Signals Potential Rally

Altcoins Bitcoin ETF

In a notable development, Bitcoin Exchange-Traded Funds (ETFs) are witnessing a shift in dynamics as Grayscale’s traditional dominance faces stiff competition from BlackRock, Fidelity, Bitwise, and Franklin Templeton. Recent on-chain metrics indicate that Grayscale’s Bitcoin Trust ETF (GBTC) is experiencing decreased outflows, potentially signaling a turnaround for Bitcoin’s psurice. Competitors, particularly BlackRock’s IBIT and Fidelity’s …

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