Following 11 weeks of continuous outflows, the Grayscale Bitcoin Trust ETF (GBTC) has finally acquired a positive gain of $63 million. The outflows were the result of increased popularity in competing spot Bitcoin ETFs since January, impacting GBTC's standing in the market. Despite the recent outflows, GBTC remains the largest Bitcoin spot ETF, managing over $18.7 billion in assets and holding about 297,000 Bitcoin. Competitors like the BlackRock iShares Bitcoin Trust (IBIT) are catching up, amassing $17.2 billion in assets. Grayscale aims to improve its competitiveness by proposing a "mini" Bitcoin ETF with reduced fees. Recent market trends saw GBTC's positive inflows while its competitor, the IBIT ETF, experienced a decline in assets. All ETFs collectively faced outflows of $563 million due to a BTC price drop. Market analyst Eric Balchunas expressed surprise at GBTC's inflows, ending an 80-day streak of outflows.