Grayscale GBTC Selling Slows As Bitcoin ETF Inflows Turn Positive — Is The Worst Over For BTC ⋆ ZyCrypto

　　Renewed Interest In Bitcoin

　　Despite bleeding an eye-popping 291,000 BTC since its transformation to an ETF, GBTC still leads the pack in terms of total Bitcoin held, with approximately 329,000 Bitcoin on its books at press time.

　　The most popular ETF remains BlackRock‘s iShares Bitcoin Trust (IBIT), which has the most assets under management of the nine new funds. BlackRock’s vehicle has been so successful that the companys CEO Larry Fink revealed in a recent interview that he “would never have predicted” it would do so well with retail investors.

　　However, Fidelity‘s FBTC fund led Wednesday’s inflows, attracting $116.7 million, with BlackRocks IBIT coming in second with $42 million in inflows.

　　O ETF de ontem flui @FarsideUK

　　Estamos de volta. Um valor positivo de US$ 113.5 milhões.

　　A Fidelity faturou US$ 116.7 milhões e a Blackrock US$ 42 milhões.$ GBTC fez US$ 75 milhões em saídas.

　　Não há muito mais a dizer agora, o preço está indo para o lado. As grandes saídas no GBTC acabaram. Apenas consolidação…

　　- WhalePanda (@WhalePanda) 4 de abril de 2024

　　Bitcoin dropped to as low as $65,135 over the past 24 hours but remains 58% up year-to-date. Observers have called it a routine pullback before the Bitcoin block subsidy halving event, which is expected later this month. BTCs price currently stands at $68,789 per coin, a 2.5% gain on the day, according to CoinGecko.