GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows

Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin and ether exchange-traded products (ETPs) have seen withdrawals for three consecutive weeks. Heavy Withdrawals […]

source https://news.bitcoin.com/gbtc-reserves-dip-below-300000-btc-amidst-3-weeks-of-crypto-fund-outflows/