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Grayscale GBTC shares rise after first inflow since January

Grayscale GBTC shares rise after first inflow since January

Bitget2024/05/06 12:36

ChainCatcher reported that according to Reuters, shares of Grayscale Bitcoin Trust (GBTC.P) rose 5% in pre-market trading on Monday, marking the first inflow of funds 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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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