Anthony Scaramucci Says Latest Bitcoin Correction Fueled by Grayscale (GBTC) Sell-Off: Report
Skybridge Capital founder Anthony Scaramucci says that Bitcoin’s (BTC) recent correction is likely due to investors selling off their holdings in Grayscale Bitcoin Trust (GBTC). Shares of GBTC were converted from a trust into an exchange-traded fund (ETF) after receiving approval from the U.S. Securities and Exchange Commission (SEC) last week. Scaramucci says that his...