Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows

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Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
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Grayscale breaks a four-month outflow streak with inflows into GBTC on two consecutive days, reversing the negative trend.

Crypto asset manager Grayscale has broken the four-month outflow streak from its spot Bitcoin exchange-traded fund , with inflows into the Grayscale Bitcoin Trust continuing for the second day in a row.

Despite GBTC’s net outflow of $17.4 billion, overall spot Bitcoin ETFs in the U.S. maintain a positive balance sheet. BlackRock’s iShares Bitcoin Trust attracted the largest overall investment, with net inflows of $15.5 billion.

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