Key Takeaways: The Grayscale Bitcoin Trust has experienced massive outflows, well beyond that of other Bitcoin ETFs. The most successful Bitcoin ETF happens to be BlackRock’s iShares Bitcoin Trust-IBIT, which is hugely in demand. Irrespective of challenges with GBTC, the overall inflows into the Bitcoin ETF market look great and indicative of Bitcoin’s sustained appeal. […]
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Over the past year alone, more than $21 billion has flowed out of the Grayscale Bitcoin Trust ETF