1. Trading volumes for BlackRock's iShares Bitcoin Trust (IBIT) surpass Grayscale Bitcoin Trust ETF (GBTC) for the first time since January 11th.
2. GBTC accounted for nearly half of the volumes in the first 15 trading days, reaching approximately $14.4 billion of $29.3 billion.
3. On Thursday, GBTC records trading volumes of about $292 million, while IBIT sees volumes of $302 million.
4. Despite high volumes, GBTC experiences net outflows of $5.6 billion since converting to an ETF.
5. Some Grayscale investors exit GBTC due to historical difficulties selling shares at net asset value and its 1.5% fee, higher than rival funds.
6. IBIT and Fidelity Wise Origin Bitcoin Fund (FBTC) witness net inflows of about $2.8 billion and $2.5 billion, respectively.
7. Net inflows into the 10 spot bitcoin ETFs rise above $1 billion on Monday, reaching nearly $1.5 billion after Wednesday.
8. Shift in trading volumes reflects changing dynamics in the bitcoin ETF market.
9. GBTC faces challenges despite its initial dominance in trading volumes.
10. Investors show preference for funds with lower fees and positive net inflows in the evolving landscape of bitcoin ETFs.
