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The ‘Newborn Nine' Bitcoin ETFs own nearly $3 billion in BTC
Newborn Nine is how the ETF expert Eric Balchunas calls 9 of the 10 recently approved Bitcoin ETFs. These are competitors of the pioneer Grayscale Bitcoin Trust (GBTC), experiencing a capital outflow partially distributed to the Newborn. Sentiment Result : Positive
Crypto Talkies1 min read
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Newborn Nine is how the ETF expert Eric Balchunas calls 9 of the 10 recently approved Bitcoin ETFs. These are competitors of the pioneer Grayscale Bitcoin Trust (GBTC), experiencing a capital outflow partially distributed to the Newborn.
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This article is for informational purposes only and does not constitute financial advice.