Arkham: Grayscale has transferred 266,470 BTC for GBTC redemption since January 11

Odaily Odaily reported that Arkham posted on the X platform that at the current redemption rate, GBTC's BTC holdings will be exhausted within 96 days. Since GBTC began trading as an ETF on January 11, Grayscale has transferred 266,470 BTC from its wallet for GBTC redemption, which is 25,900 BTC per week. At the beginning of this year, Grayscale GBTC held 618,280 BTC, but now it only holds 356,440 BTC. If the momentum is maintained, its BTC position will be exhausted in another 14 weeks.