🔔 Investors Withdraw $5 Billion from Grayscale Bitcoin Trust !
Cryptocurrency investment products experienced a total outflow of $500 million last week, surpassing the inflows into newly-opened U.S. bitcoin ETFs. James Butterfill, head of research at CoinShares, highlighted that the total outflows from the Grayscale Bitcoin Trust (GBTC) exceeded $5 billion since January 11.