{"id":137372,"date":"2024-09-17T17:30:14","date_gmt":"2024-09-17T14:30:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137372"},"modified":"2024-09-17T15:47:44","modified_gmt":"2024-09-17T12:47:44","slug":"grayscale-bitcoin-trust-faces-continued-withdrawals-as-etf-inflows-rise","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/grayscale-bitcoin-trust-faces-continued-withdrawals-as-etf-inflows-rise\/","title":{"rendered":"Grayscale Bitcoin Trust Faces Continued Withdrawals as ETF Inflows Rise"},"content":{"rendered":"

Since converting to an exchange-traded fund (ETF) in January, the total net outflows<\/a><\/strong> have exceeded $20 billion.<\/p>\n

Although the withdrawal rate has slowed, the first $10 billion was withdrawn within the initial two months, while the next $10 billion took over six months to leave the fund. GBTC continues to face pressure as its Bitcoin<\/a><\/strong> holdings have dropped to around 222,170 BTC, valued at roughly $12.8 billion.<\/p>\n

In contrast to GBTC\u2019s losses, the broader US spot Bitcoin ETF market remains stable, with $12.8 million in net capital flowing into these funds on Monday.<\/p>\n