Grayscale Bitcoin Trust Sees Lowest Weekly Outflows In Three Months

According to Foresight News, Arkham monitoring data reveals that the Grayscale Bitcoin Trust (GBTC) experienced a significant drop in outflows this week, amounting to only $27.2 million. This figure represents the lowest level of outflows in the past three months. The current outflow is more than 95% lower than GBTC's average weekly outflows, marking a notable decrease in investor withdrawals. The last time GBTC saw such low outflows was in early June, when the outflows were recorded at $5.7 million.