Grayscale’s GBTC sees inflows for the first time since the Bitcoin ETF debuted in January

While Friday’s inflows end a streak of GBTC net withdrawals, BlackRock’s iShares Bitcoin Trust (IBIT) is challenging the fund for the title of largest Bitcoin ETF. GBTC currently has $18.1 billion in assets and IBIT has $16.9 billion. IBIT, now in second place, started from zero in January, while GBTC held more than $26 billion.