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Bitcoin Halving ‘Actually Different This Time,’ Says Grayscale: ‘Sellers Show Their Hand’ At $48K

The upcoming Bitcoin (CRYPTO: BTC) halving event is “actually different” from previous ones, according to Grayscale Investments, the world’s largest crypto asset manager. In the firm’s latest report, recent regulatory approval of spot Bitcoin exchange traded funds, or ETFs, has transformed the cryptocurrency market, leading to mainstream adoption and potentially absorbing selling pressure. It has also pushed ETFs to top the charts in asset inflows in just one month to be among the Top 25 Global ETFs. The report highlights the rise in onchain activity, led by ordinal inscriptions with 59 millio…