TechFlow news: Chris J. Terry, founding partner of BTCdata Corporation, said that Bitcoin's price appears set for continued steady decline until the Grayscale Bitcoin Trust (GBTC) liquidates, with $25 billion in sell-offs expected over the coming weeks. Grayscale's decision to keep ETF fees at 1.5% is considered the biggest strategic mistake in crypto history.
In response, Galaxy Digital CEO Michael Novogratz said: "I disagree with this view. While I think people will sell GBTC, I believe most will shift to other ETFs, and Bitcoin's price will rise within six months."
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