• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

**Grayscale's Bitcoin ETF (BTC) Sees Positive Inflow After 11 Weeks of Outflows**

user avatar

by Giorgi Kostiuk

2 years ago

The Grayscale Bitcoin Trust ETF, known for its popularity as a Bitcoin investment option, has experienced a positive gain of $63 million, breaking an 11-week streak of outflows, as reported by CoinGlass. Investors were withdrawing funds from GBTC after competing spot Bitcoin ETFs were given the green light in January.

Given these recent developments, discussions about the future of GBTC and the broader crypto market have been sparked.

Implications of GBTC's Unexpected Inflow

Analyst Eric Balchunas from Bloomberg tweeted his astonishment at the sudden change in GBTC's fortunes. This unexpected turn of events has led to speculation about what lies ahead for GBTC and the crypto industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Chainlink Connects On-Chain and Off-Chain Finance

chest

Chainlink's decentralized oracle network provides reliable external data for smart contracts, enhancing blockchain applications.

user avatarTenzin Dorje

Transak Simplifies Crypto Onboarding Worldwide

chest

Transak offers a secure platform for buying and selling digital assets, facilitating crypto access for users globally.

user avatarAisha Farooq

Remittix Facilitates Crypto-to-Fiat Transactions

chest

Remittix facilitates cross-border payments using cryptocurrency, integrating with local payment networks, simplifying transactions for crypto holders.

user avatarBayarjavkhlan Ganbaatar

Cryptocurrency Market Faces Pressure as Investors Shift Focus

chest

The cryptocurrency market is under pressure, prompting investors to shift their focus towards cashback Visa cards and reconsider their strategies.

user avatarMohamed Farouk

Short-term Bitcoin Holders Face Market Challenges

chest

Short-term Bitcoin holders are facing significant losses as the cryptocurrency underperforms in Q4 2025, with the STH MVRV metric indicating struggles for 60 days.

user avatarElias Mukuru

XRP's Unique Pricing Dynamics Explained

chest

Stern Drew explains that XRP's pricing dynamics differ from traditional assets, emphasizing its role in financial infrastructure and operational efficiency.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.