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Bloomberg ETF analyst explains that the impact of lawsuit on GBTC due to Genesis being the sole authorized participant until 2022. However, this doesn't imply significant consequences.
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Analyzing The Potential Impact Of Lawsuit On GBTC: Bloomberg ETF Analyst

Grayscale's Bitcoin Trust product, GBTC, saw a significant increase of almost 80% in its trading volume.

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Analyzing The Potential Impact Of Lawsuit On GBTC: Bloomberg ETF Analyst

GBTC Volume Skyrockets 79% in June as Traditional Finance Seeks Crypto Exposure