Grayscale CEO believes GBTC has reached equilibrium and expects outflows to ease

Crypto asset manager Grayscale Investments believes GBTC is “starting to reach some balance” and that some expected outflows from the company’s spot Bitcoin exchange-traded fund (ETF) are “largely behind the curve.” “There is,” he pointed out. The cryptocurrency asset manager also expects GBTC’s fees to decrease “as the market matures.” Grayscale CEO (…)