Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week

Grayscale Bitcoin Trust saw $1.9 billion outflows, affecting U.S. spot bitcoin ETFs. Despite buying interest from BlackRock, Fidelity, inflows slowed. Grayscale's high fee, bankruptcy trustees selling contributed. Challenges with Wealthfront, interest from institutional investors.

from Tech-Economic Times https://ift.tt/gVtnPzB