Grayscale has begun moving Bitcoin out of its trust and sending it to Coinbase as of 2 p.m. GMT, Jan. 12. A total of 4,000 BTC (roughly $200M) has been sent as of press time, with all Bitcoin going to Coinbase Prime, one of the key participants in the series of Bitcoin ETFs launched yesterday. […]
The post Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity appeared first on CryptoSlate.