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📊 New King. The Grayscale Bitcoin Trust (GBTC) was initially created in 2013 and launched as the largest spot BTC ETF by assets under management thanks to a decade-long head start that allowed it to accumulate nearly $30B in BTC. Yesterday, GBTC’s reign came to an end. Which ETF has taken its place, and what conclusions can we draw from this development?
Up over 100% this month and over 1100% year-to-date, PEPE has rocketed into the slot of the third-largest memecoin with a whopping $6.2B market cap.
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