Grayscale Bitcoin Trust (GBTC) experienced its first daily inflow of $63m since January debut.
Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF, saw its first daily inflow of $63m since its January debut, according to Farside Investors. GBTC had been a popular investment vehicle for bitcoin without direct purchase, but faced competition from nine rival spot bitcoin ETFs. Its bitcoin holdings dropped from over 600,000 to around 290,000 since January.
May 03, 2024
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