Grayscale Outflows Surge to $7 Billion, Signs of Slowing
Grayscale's Spot Bitcoin ETF, GBTC, has witnessed massive outflows of over
$7 billion, yet it still boasts a hefty treasure chest of
$23 billion in assets.
Although the bleeding has slowed, experts like Nate Geraci, President of ETF Store, brace for possible further dips . A staggering
$5.64 billion exited
GBTC in January alone, with February seeing a somewhat lighter drain
of $1.37 billion so far.
@Whalescryptovip
