The World’s Largest Bitcoin Fund Is Troubled. Here’s Why.

Bitcoin can’t seem to shake its funk. The world’s largest cryptocurrency was trading at around $57,300 on Tuesday, down 1% and hovering well below its all-time highs near $69,000.

With $37 billion in assets, the Grayscale trust is the world’s largest Bitcoin fund. It towers over every other fund on the market. Its next-closest rival, the

ProShares Bitcoin Strategy

(BITO) exchange-traded fund, has racked up $1.3 billion in…

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