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Blackrock Closes in on Grayscale in the Battle for the ‘World’ | Bitcoin News

Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF

Grayscale’s GBTC continued to report reductions in its bitcoin (BTC) reserves following two days of significant outflows—a $55.1 million drop on Friday and a $36.7 million decline on Monday. The reduction continued into Tuesday’s session with a $58 million decrease. Trading volume on Tuesday reached $2.45 billion, which was lower than the volumes recorded on Monday and Friday.

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