Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the SEC's ETF approval; BTC has tumbled since the approval (Ian Allison/CoinDesk)

Ian Allison / CoinDesk:

Sources: FTX sold 22M Grayscale Bitcoin Trust shares, worth nearly $1B, explaining the outflows after the SEC’s ETF approval; BTC has tumbled since the approval  —  BTC’s price has fallen since bitcoin ETFs were approved.  In theory, now that FTX is done selling its substantial holdings …