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Guavy AI Editorial TeamSentiment: -3Clout: 87

Bitcoin ETF Holders Unload 25,000 BTC Worth of Shares

Bitcoin ETF holders have been selling off their shares in large quantities, according to recent data from Bloomberg. The selloff has been particularly pronounced in the final quarter of last year, with approximately 25,000 BTC worth of shares being sold.

This is not a surprise given the significant decline in bitcoin's price during this period. From an all-time high of over $120,000, the price fell to less than $85,000 and has continued to drop since then.