‘Nothing Close Has Ever Done’ – Analyst Notes GBTC Flow, Outpacing All ETFs
While Blackrock's spot bitcoin exchange-traded fund (ETF), IBIT, experienced 71 consecutive days of inflows before stopping this week, Grayscale's Bitcoin Trust (GBTC) holds the record for 72 consecutive days of outflows, more than any other ETF on record. “No ETF has ever done anything close to this,” said Eric Balchunas, senior ETF analyst at Bloomberg. […]
