That is simply not true. Much of the Grayscale selling has not be moved over to other ETFs
We can know exactly how many percent of sold bitcoin from Grayscale was absorbed in OTC or Spot markets and by what investors or Bitcoin Spot ETFs.
A summary report from BitMEX research for Bitcoin Spot ETF Flow data from 11 Jan to 26 Jan 2024.
This week will help us to discover whether the sell pressure from Grayscale will reduce much more or even stop.
Bitcoin Spot ETFs take spotlight of cryptocurrency market last two weeks and there are some more sites build up their Bitcoin Spot ETF trackers.