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Giant Investor Seems Promoting Grayscale’s GBTC however Bitcoin ETF Inflows Stay Constructive Led by BlackRock’s IBIT

by SB Crypto Guru News
March 3, 2024
in Crypto Updates
Reading Time: 1 min read
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The big outflow might maybe point out that crypto lender Genesis began or ramped up the tempo of unloading its GBTC holdings, capitalizing on bitcoin’s rally. Genesis obtained chapter courtroom approval on Feb. 14 to promote 35 million GBTC shares – then price $1.3 billion, now roughly $1.9 billion – however outflows from GBTC have been muted over the previous two weeks till Thursday’s spike.



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