In contrast with Grayscale’s ETHE belief, GBTC’s quantity considerably outperformed in buying and selling quantity. Since September, GBTC’s buying and selling quantity rose from $35.6 million to $45 million in June 2023, capturing 74% of the overall buying and selling quantity for belief merchandise, in comparison with 50.9% in September. ETHE’s volumes declined from $31 million in September to $14.4 million in June 2023, and from 44.4% to 23.6% market share.
