Grayscale GBTC shares rise after first inflow since January

On May 6, Grayscale Bitcoin Trust (GBTC.P) shares rose 5% in pre-market trading on Monday, the first inflow since January.

GBTC has seen $17.46 billion in outflows since the trust was converted into an easy-to-trade ETF in January, partly due to its higher fees compared to competitors.