11:44Bitcoin Investors Have a New Issue to Worry About
Bitcoin has been sluggish for more than a month now for several reasons, including a crackdown by China and mixed messages of support and skepticism from Elon Musk. But another dynamic that has little to do with the fundamental case for the digital currency may weigh on it for the next month or so, according to J.P. Morgan analysts.
The largest Bitcoin fund provider, Grayscale, periodically sells shares in its most popular fund, the Grayscale Bitcoin Trust, which now has $21.9 billion in assets under management. That trust...
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