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coinpedia 2024-05-04 05:50:42

Grayscale’s Bitcoin ETF Breaks Withdrawal Trend with $63M Inflow

The post Grayscale’s Bitcoin ETF Breaks Withdrawal Trend with $63M Inflow appeared first on Coinpedia Fintech News Grayscale Bitcoin Trust (GBTC), the leading bitcoin ETF, recorded its first daily net inflow since January, adding $63 million on Friday, according to Farside Investors. It lost billions in assets since January and currently faces competition from BlackRock’s iShares Bitcoin Trust (IBIT). However, GBTC remains to be dominant as its assets now stand at $18.1 …

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