Grayscale’s ETF bled $600 million alongside a Bitcoin correction. JPMorgan says more pain could come. https://t.co/ucbZLxx0pQ
Grayscale says not enough bitcoin to accommodate all the new demand, and so prices higher https://t.co/2dFjrllnEy
1 reason for new bitcoin mania: 'simply not enough' supply https://t.co/7XBFT79Af3 by @DsHollers






Recent reports and analysis from financial and cryptocurrency experts indicate a surge in Bitcoin mania, attributed to a significant shortage in supply, described as 'simply not enough' to meet the escalating demand. Notably, Grayscale, a leading digital currency asset manager, highlighted that this shortage is pushing Bitcoin prices higher. This situation is exacerbated by Grayscale's ETF experiencing a $600 million loss during a recent Bitcoin correction, with JPMorgan analysts warning of potential further declines.