Grayscale’s Bitcoin Trust has experienced the smallest amount of withdrawals since it began trading. Grayscale’s Bitcoin Trust marks lowest outflow since trading inception

On the fifteenth day of developments within the Bitcoin ETF market, there was a relatively mild increase of $38.5 million in net investments, as reported by BitMEXResearch. The Grayscale Bitcoin Trust (GBTC) experienced its smallest level of withdrawals since the start of the trading phase, decreasing to $182 million. Even with a decline in net contributions, BlackRock’s IBIT ETF maintained its standing with net investments totaling $164 million. Fidelity’s FBTC saw its smallest increase since it started trading, with an intake of $36 million. When looking at the bigger picture, BlackRock’s IBIT has garnered a significant $3 billion in net new investments, in contrast to Fidelity’s FBTC which has a more moderate total of $2.4 billion in net inflows. Conversely, GBTC faced ongoing reductions, with a total of $5.8 billion exiting the fund. The combined activity across these various entities led to an overall net increase of $1.379 billion. Information on Bitcoin ETFs is provided by BitMEX Research. Newest Findings