Grayscale's spot Bitcoin exchange-traded fund (ETF), Grayscale Bitcoin Trust (GBTC), has seen a reversal in outflows with consecutive days of inflows after 78 days of daily outflows. Despite GBTC experiencing a net outflow of $17.4 billion, the overall spot Bitcoin ETF market in the U.S. remains positive, with significant investments in other ETFs like BlackRock's iShares Bitcoin Trust and Fidelity Investments' Fidelity Wise Origin Bitcoin Fund.
Keyword: Grayscale Bitcoin Trust, GBTC, outflows, inflows, Bitcoin ETF, investments, U.S. Securities and Exchange Commission, spot Ether ETF, applications
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Last edited on: May 7, 2024 at 06:36 pm