Grayscale Bitcoin Trust (GBTC) Sets Unprecedented Outflow Record: What's Next?

The Grayscale Bitcoin Trust (GBTC) has established a precedent of negative investor sentiments, which have been incredibly prolonged. This 72-day stretch outlasts any world ETF fund streak in known history, Bloomberg’s Senior ETF Analyst Eric Balchunas confirms. The unexpected outflows continued since the USA permitted the spot Bitcoin ETFs to launch on January 30, 2023.