Grayscale Bitcoin Trust ETF Faces Over $21 Billion Outflow: Insights and Implications for Crypto Investors
The Grayscale Bitcoin Trust (GBTC) is facing significant challenges, experiencing massive outflows that far exceed those of other Bitcoin ETFs. While GBTC has lost over $21 billion since becoming a spot ETF in January 2024, BlackRock’s iShares Bitcoin Trust (IBIT) has surged ahead, attracting nearly $36 billion in inflows. This shift highlights a competitive landscape ...
