COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- A new data analysis published by Glassnode highlights a significant decrease in assets of the Grayscale Bitcoin Trust ETF (GBTC).
- A crucial factor contributing to the decline in GBTC assets is the increased outflow volume, estimated to be around $3.5 billion, over the last seven trading days.
- According to sources reported by Bloomberg, the crumbling crypto empire sold over two-thirds of its 22.28 million shares, amounting to approximately $1 billion.
Grayscale Investments’ BTC balance in GBTC is rapidly diminishing, possibly limiting Bitcoin price due to GBTC shares.
Grayscale Bitcoin Trust Assets Declining

As a result of continuous outflows observed in Grayscale Investments’ GBTC, there has been a significant double-digit reduction in the amount of Bitcoin held in the trust, especially since it officially converted to a Bitcoin exchange-traded fund (ETF).
A new data analysis published by Glassnode highlights a significant decrease in assets of the Grayscale Bitcoin Trust ETF (GBTC). The current balance of the trust is approximately 553,000 Bitcoins, representing a substantial decline from the peak level of around 630,000 BTC, about 12%.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
A significant factor contributing to the decline in GBTC assets is the increased outflow volume, estimated to be around $3.5 billion, over the last seven trading days. The majority of these outflows are credited to FTX, which reportedly liquidated nearly two-thirds of GBTC assets in the first three trading days after transitioning to an ETF.
According to sources reported by Bloomberg, the crumbling crypto empire sold over two-thirds of its 22.28 million shares, amounting to approximately $1 billion. Grayscale Bitcoin Trust, established as a closed-end fund in 2013, operated under restrictions preventing investors from redeeming their shares.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
However, after receiving approval from the U.S. Securities and Exchange Commission (SEC), the trust transformed into an exchange-traded fund (ETF). Following its commencement on January 11, this transition provided an opportunity for long-term investors like FTX to liquidate their positions.
On Tuesday, marked as the seventh trading day for all spot Bitcoin ETFs, GBTC experienced a significant outflow of approximately $600 million. Bloomberg Intelligence ETF analyst James Seyffart described this outflow as the largest seen since the trust began trading as a Bitcoin ETF.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
Direction in Bitcoin could be further constrained
According to Chris Terry, the Bitcoin price will likely continue in a flat or downward trend until Grayscale Bitcoin Trust is completely liquidated – a process that will involve selling approximately $25 billion worth of Bitcoin in the coming weeks. Terry stated, “Bitcoin price will likely remain flat or downward until GBTC is liquidated, about $25 billion in sales over the next few weeks. Grayscale’s decision to keep ETF fees at 1.5% will go down as the biggest strategic mistake in crypto history.”
On Wednesday, Bitcoin is trading positively, returning to the $40,000 level, currently trading at $40,050. This recent price movement reflects a significant 2.73% increase in the last 24 hours but still represents a 6.24% loss over the previous seven days.
According to data, Bitcoin’s circulating supply is currently recorded as 19,606,918 BTC, emphasizing its significance within the cryptocurrency ecosystem. Additionally, Bitcoin’s market cap is a robust $783,930,244,546 as per the latest recording.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |