Grayscale Bitcoin Trust (GBTC) recorded its lowest net outfl

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Grayscale Bitcoin Trust (GBTC) recorded its lowest net outflow of $17.5 million since it converted to a Bitcoin ETF on Wednesday, according to Farside Investors. This follows Grayscale Investments CEO Michael Sonnenshein's announcement that the company's fund is approaching an "equilibrium" point in terms of outflows. On Wednesday, the Fidelity ETF posted net inflows of $76.3 million, BlackRock's IBIT attracted $33.3 million and the Bitwise ETF had inflows of $24.3 million. US ETFs, including Grayscale, collectively saw net inflows of $123.7 million. However, Grayscale's market share continues to decline, falling from about 50% when it launched its Bitcoin ETF on January 11 to 23.5% on Tuesday.

Grayscale Bitcoin Trust (GBTC) recorded its lowest net outflow of $17.5 million since it converted to a Bitcoin ETF on Wednesday, according to Farside Investors.
This follows Grayscale Investments CEO Michael Sonnenshein's announcement that the company's fund is approaching an "equilibrium" point in terms of outflows.
On Wednesday, the Fidelity ETF posted net inflows of $76.3 million, BlackRock's IBIT attracted $33.3 million and the Bitwise ETF had inflows of $24.3 million.
US ETFs, including Grayscale, collectively saw net inflows of $123.7 million.
However, Grayscale's market share continues to decline, falling from about 50% when it launched its Bitcoin ETF on January 11 to 23.5% on Tuesday.

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