Grayscale sheds $20B from Bitcoin and Ether ETFs. Grayscale’s spot BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance. Asset management firm Grayscale Investments has recorded over $20.4 billion in outflows from its spot Bitcoin and Ether exchange-traded funds (ETFs) combined. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1722366256834-YAKIHONNES3.jpeg *Bitcoin ETF inflow and outflow of investments in the United States. Source: Farside Investors*
Grayscale Bitcoin Trust (GBTC) Outflows: The Grayscale Bitcoin Trust has experienced substantial outflows in recent months. In the last three months alone, outflows from GBTC have exceeded $15 billion, according to data from BitMEX Research . However, despite these outflows, Grayscale's assets under management have only slightly dipped to $23.13 billion, thanks to the surge in Bitcoin's value