Grayscale Struggles Amid $21 Billion Outflows; Investor Confidence Wanes

Grayscale Bitcoin Trust (GBTC) has experienced $21 billion in outflows since its January 2024 launch, becoming the only U.S. spot Bitcoin exchange-traded fund (ETF) with a negative investment movement. Data from Farside reveals that the GBTC experienced daily outflows averaging $89.9 million over the past 11 months. As of December 16, the GBTC has seen a total of $21.045 billion in outflows,... source: https://news.shib.io/2024/12/17/grayscale-struggles-amid-21-billion-outflows-investor-confidence-wanes/?utm_source=rss&utm_medium=rss&utm_campaign=grayscale-struggles-amid-21-billion-outflows-investor-confidence-wanes