The grayscale GBTC stock price has risen after its first capital inflow since January

2024-05-06 20:23:55
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ChainCatcher news, according to Reuters, shares of the Grayscale Bitcoin Trust (GBTC.P) rose 5% in pre-market trading on Monday, marking the first inflow of funds since January.

Since converting the trust into an easily tradable ETF in January, GBTC has seen $17.46 billion in outflows, partly due to its higher fees compared to competitors.

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