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Cryptocurrency went full finance bro, and the police are making sure billion-dollar crypto frauds stay in the past.

GBTC in all saw outflows of more than $2 billion since being converted into ETF, according to the report, which cited private data reviewed by CoinDesk and two people familiar with the matter. "Large capital markets ETFs are used in a variety of investing strategies, and we anticipate GBTC's diverse shareholder base will continue to deploy strategies that impact inflows and outflows," a Grayscale spokesperson said in an emailed statement to Reuters.

FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk reported on Monday.

The SEC is expected to announce its decision by Jan. 10 - the deadline to either approve or reject the Ark/21Shares ETF. To date, the only crypto ETFs approved have been tied to futures contracts on bitcoin and ethereum.

Jim Cramer has a curious ability to predict one thing, and then the opposite happens. Did he just use his powers on Bitcoin?