PANews reported on April 28 that according to Cointelegraph, nearly 16 months after the launch of the spot Bitcoin ETF, Grayscale's GBTC still dominates in terms of revenue generation, with implied annual revenue exceeding US$268 million - a figure that exceeds the total revenue of all other Bitcoin ETFs ($211 million).
Grayscale GBTC's implied annual revenue exceeds $268 million, surpassing the sum of all other Bitcoin ETFs
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