$Grayscale Bitcoin Trust(GBTC)

$Grayscale Bitcoin Trust(GBTC)$ Bitcoin miners are setting up their own OTC trading desks to legally sell the Bitcoin that they mine directly to those buying Bitcoin for the ETFs. With the halving coming up there will be less and less Bitcoin available, especially after the GBTC selling subsides in the coming week after IRA holders have finished switching to new ETFs. Also, professional financial advisors are just beginning to hear that they have the green light to convince their clients to move into these Spot Bitcoin ETFs, and that will also drive-up demand for Bitcoin, making it increasingly scarce. I still maintain that for the Bitcoin miners to be healthy that they need a much higher Bitcoin price with the halving only 3 months away when the number of their mined Bitcoin will be cut in half.

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