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

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

By Crypto FlexsMay 4, 20241 Min Read
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Grayscale’s GBTC sees inflows for the first time since the Bitcoin ETF debuted in January
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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.

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