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CoinGape 2024-01-29 22:07:08

GBTC Outflows Dip by 50% as Bitcoin ETFs Continue to Gain Traction

The BlackRock Bitcoin ETF recently achieved a significant milestone, surpassing $2 billion in holdings. This achievement comes amid a decrease in outflows from the Grayscale Bitcoin Trust (GBTC), which saw a 50% dip. However, the market observed Bitcoin maintaining its grip on the $43,000 mark as of press time, trading at $43,137 despite bearish pressure The post GBTC Outflows Dip by 50% as Bitcoin ETFs Continue to Gain Traction appeared first on CoinGape .

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