GBTC Faces $21B Outflows, BlackRock Bitcoin ETF Dominates

Grayscale Bitcoin Trust (GBTC) has seen significant outflows of $21 billion since its launch in January 2024. Meanwhile, the broader spot Bitcoin ETF market has attracted over $35.5 billion in investments within the same period. This divergence highlights investors’ shifting preferences toward newer, more regulated Bitcoin ETF (exchange-traded funds). GBTC Faces $21 Billion Loss in […] The... source: https://www.thecoinrepublic.com/2024/12/17/gbtc-faces-21b-outflows-blackrock-bitcoin-etf-dominates/