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Coinpedia 2024-01-18 10:22:29

Grayscale Bitcoin ETF Experiences Massive $579 Million Outflow

The post Grayscale Bitcoin ETF Experiences Massive $579 Million Outflow appeared first on Coinpedia Fintech News Grayscale, a prominent American digital asset management company has encountered substantial outflows in its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). Many expert analysts attribute the outflows to factors such as elevated trading fees and potential accounting irregularities. Grayscale’s bumpy journey Despite obtaining approval for its Spot Bitcoin ETF from the United States Securities and …

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