First time seeing GBTC outflows less than 500 BTC in 1 day
This is the first day, (Wednesday April 10th) where I have seen less than 500BTC sells by Grayscale. In fact it was way well under 500..
Only ₿248, two hundred forty eight bitcoin, were sold yesterday by GBTC ETF. Data source
Is this a big deal? I hope so. There's no way to tell, it could have just been an off day.. however I haven't seen this since the ETFs launched in January. If we begin to see a pattern, it could mean we're nearing the point of much fewer sells here...
Time will tell.