Grayscale Is Losing the ETF Game, Transfers $800 Million More to Coinbase

In the initial days of trading as an ETF, Grayscale Bitcoin Trust (GBTC) has witnessed a substantial outflow of funds, with investors withdrawing approximately $579 million, as reported by Bloomberg on Tuesday. This comes in sharp contrast to the positive trend observed in the other nine spot Bitcoin ETFs, which collectively attracted nearly $819 million. … Continue reading Grayscale Is Losing the ETF Game, Transfers $800 Million More to Coinbase