Quick Take Notable financial analysts have corroborated that the recent outflows from Grayscale’s Bitcoin Trust (GBTC), to the tune of $1.6 billion in four days, may signal significant investors’ shifts towards other Bitcoin ETFs. James Seyffart notes that as much as a third of the outflows could transition towards other ETFs and other Bitcoin exposures […]
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One-third of GBTC outflows could be redirected to Spot Bitcoin ETFs: Bloomberg Analysts