Over the past few months, there has been a noticeable trend of IBIT and FBTC inflows attempting to offset the outflows from GBTC. However, this pattern is now undergoing a transformation. For a while now, GBTC has been experiencing substantial inflows instead of net outflows. This development is providing a boost in market enthusiasm, especially considering that ETFs, which were introduced as competitors to GBTC, have not witnessed sustained net outflows for many years. In a previous discussion, we explored the reasons behind GBTC’s anticipated net outflows for several months, as well as the initial continuous inflows observed in other ETFs. Stay updated on the latest technology news by accessing NEWSLINKER.
