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Grayscale’s GBTC has witnessed over $7 billion in outflows, yet with a substantial $23 billion still under management. The data reveals a slowdown in the outflow rate from the spot Bitcoin ETF, sparking speculation among observers, including ETF Store President Nate Geraci, who suggest that further withdrawals might still occur.

 

 

 

While January marked the peak of the exodus, with $5.64 billion exiting GBTC by month-end, February has seen a reduced outflow of $1.37 billion so far.

 

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Grayscale's GBTC Records $7 Billion Outflows, but Deceleration Indicates Potential Stability

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