Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since Jan
Sat, May 4, 2024 11:22 AM

Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since Jan

A Flip by Avya Verma
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The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors, according to Farside Investors, the first daily increase since the product debuted in January.A net $63 million was added on Friday, according to Farside's tally.The Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin.

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