Foreign media reports that FTX's bankrupt assets have been liquidated for approximately $1 billion worth of GBTC after the ETF was approved.

According to BlockBeats news on January 22nd, citing sources and data, FTX accounted for a large portion of the nearly $3 billion GBTC sold by Grayscale in recent times. FTX sold 22 million shares of GBTC (already cleared) valued at nearly $1 billion. Currently, neither FTX nor Grayscale have commented on the report. As previously reported by BlockBeats, a court filing on Monday showed that FTX subsidiary Alameda Research has withdrawn its lawsuit against Grayscale Investments, which accused Grayscale of "sacrificing shareholder interests for its own benefit."