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📊 GBTC Goes Big. The Grayscale Bitcoin Trust (GBTC) experienced its first net inflow since converting to a spot ETF! Did we just enter a more bullish paradigm, or is there an alternative explanation for this unexpected inflow?
Is this cycle already over? A confluence of factors has led to structural problems with the vibes in crypto: an overabundance of VC capital, a lack of new entrants, and an overbearing regulator.
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