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Major Bitcoin investor Grayscale Investments saw its spot BTC exchange-traded fund (ETF) holdings drop 50% ahead of the anticipated Bitcoin halving event.
On April 16, Bitcoin holdings in the Grayscale Bitcoin Trust ETF (GBTC) shrunk by one-half from 619,220 BTC on the first day of trading on Jan. 11.
The spot Bitcoin ETF held 309,871 BTC on its 66th day of trading, down 50% of the amount since the trading debut, according to GBTC data.
