Grayscale, he really makes me cry. #BTC #灰度GBTC资金流出趋势结束了吗？

A large part of the bull market in 2020 and 2021 is the support of Grayscale lock-up.

After the Bitcoin spot ETF was passed in 2024, Grayscale's original funds became the largest short position in the market, with an outflow of more than 1,000 BTC basically every trading day. The ETF has been online for nearly 4 months, with a total outflow of about 310,000 BTC.

Finally, yesterday, GBTC began to flow in! ! !

What does this mean? It means that the short position of GBTC is gradually weakening! , The selling pressure is decreasing, and GBTC stands up again when the market needs confidence the most! !