The Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), saw a brief increase in investment inflows in early May after a prolonged period of financial losses since its inception.
Read MoreThe Grayscale Bitcoin Trust (GBTC), a spot Bitcoin exchange-traded fund (ETF), saw a brief increase in investment inflows in early May after a prolonged period of financial losses since its inception.
Read MoreThe only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock's Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows.
Read MoreBitcoin (BTC) is poised to build on Wednesday's increase, hovering near $70,800, while ether (ETH) is trading above $3,500, as the market continues to digest higher-than-expected U.S. CPI data and slowing outflows from the Grayscale Bitcoin Trust (GBTC).
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