Grayscale’s spot BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance.
Asset management firm Grayscale Investments has recorded over $20.4 billion in outflows from its spot Bitcoin and Ether exchange-traded funds (ETFs) combined.
The Grayscale Bitcoin Trust ETF (GBTC) has lost an average of approximately $137.7 million daily in almost seven months since its launch on Jan. 11 .
Just low the fees.