FTX Cleared to Sell $873 Million in Grayscale Bitcoin Trust Shares and Other Holdings

As the FTX bankruptcy saga continues, advisors for the collapsed crypto exchange have received court approval to sell assets held in digital trusts from Grayscale and Bitwise, which are collectively valued at nearly $873 million as of today. FTX holds more than 32 million total shares split between five Grayscale trusts—the Bitcoin Trust (GBTC…