由於 GBTC 贖回，Grayscale 的比特幣儲備將在 96 天內耗盡

Grayscale's Bitcoin Reserves: On the Brink of Depletion?

灰階的比特幣儲備：瀕臨枯竭？

Hey there, Wall Streeters,

嘿，華爾街人士，

Arkham Intelligence has dropped a bombshell: Grayscale's Bitcoin (BTC) reserves could be wiped out in just 96 days if redemptions continue at their current pace. That's some serious FUD for the crypto market.

Arkham Intelligence 投下了重磅炸彈：如果贖回繼續按照目前的速度進行，Grayscale 的比特幣 (BTC) 儲備可能會在短短 96 天內被耗盡。對於加密貨幣市場來說，這是一些嚴重的 FUD。

GBTC's BTC Outflows: A Ticking Time Bomb

GBTC 的 BTC 外流：一顆不定時炸彈

Since Grayscale's Bitcoin ETF (GBTC) started trading on January 11th, the asset manager has been shipping a staggering 25.9K BTC out of its wallets every week to meet redemptions. At this rate, GBTC will run out of Bitcoin to sell in less than three months.

自 Grayscale 的比特幣 ETF (GBTC) 於 1 月 11 日開始交易以來，該資產管理公司每週從錢包中運出 2.59 萬枚 BTC 以滿足贖回需求。以這個速度，GBTC 將在不到三個月的時間內耗盡可供出售的比特幣。

Grayscale's Fee Cuts: A Desperate Measure?

灰度的費用削減：絕望之舉？

In the face of this looming crisis, Grayscale is reportedly considering a fee reduction strategy. Grayscale CEO Michale Sonnenshein has hinted that the fees on GBTC will gradually decline as the market matures. This move is likely an attempt to entice investors back into GBTC and slow down the redemptions.

據報道，面對這場迫在眉睫的危機，灰度正在考慮採取降低費用的策略。 Grayscale執行長Michale Sonnenshein暗示，隨著市場成熟，GBTC的費用將逐漸下降。此舉可能是為了吸引投資者重返 GBTC 並減緩贖回速度。

Mini ETFs: A Lifeline for Grayscale?

迷你 ETF：灰階的生命線？

Along with fee cuts, Grayscale is also exploring the launch of mini ETFs. These smaller, more affordable ETFs could potentially attract new investors and help Grayscale replenish its Bitcoin reserves.

除了費用削減之外，Grayscale 還在探索推出迷你 ETF。這些規模較小、價格更實惠的 ETF 可能會吸引新投資者，並幫助 Grayscale 補充其比特幣儲備。

Bitcoin's Price: Holding Steady Amidst the Turmoil

比特幣價格：在動盪中保持穩定

Despite the drama surrounding Grayscale, Bitcoin's price has remained relatively stable. As of this writing, BTC is trading around $65,650, showing a modest gain over the past 24 hours. However, it's worth noting that Bitcoin's monthly performance has been impressive, with a surge of over 26%.

儘管圍繞著灰度的戲劇性事件，比特幣的價格仍然相對穩定。截至撰寫本文時，BTC 交易價格約為 65,650 美元，在過去 24 小時內小幅上漲。不過，值得注意的是，比特幣的月表現令人印象深刻，漲幅超過26%。

Conclusion

結論

Grayscale's Bitcoin reserves are on the verge of collapse, and the asset manager is scrambling to find solutions. Fee cuts and mini ETFs may provide some temporary relief, but the long-term viability of GBTC remains in doubt. Keep your eyes peeled on this developing story, folks. It's bound to have implications for the broader crypto market.

灰階的比特幣儲備正處於崩潰邊緣，資產管理公司正忙於尋找解決方案。費用削減和迷你 ETF 可能會暫時緩解一些壓力，但 GBTC 的長期生存能力仍存疑問。夥計們，請密切關注這個正在發展的故事。這必然會對更廣泛的加密貨幣市場產生影響。