Grayscale's Bitcoin Investment Trust (GBTC) experienced its lowest weekly outflow in the past three months, marking a significant drop in selling pressure. According to blockchain analytics firm ARKAM, the outflow amounted to approximately $27.2 million. This recent outflow is notably 95% lower than the average weekly outflow for GBTC. It also represents the lowest outflow since early June, when the fund witnessed an outflow of $5.7 million. These metrics suggest a potential shift in investor sentiment towards the cryptocurrency market. The reduction in GBTC outflows could indicate a growing interest in holding Bitcoin as a long-term investment. Despite recent market volatility, institutional investors may be recognizing the potential of digital assets as a hedge against inflation and economic uncertainty. Overall, the decreased outflows from GBTC offer insights into the evolving investment landscape for Bitcoin and the broader cryptocurrency market.