BTC Maintains $65K as GBTC Outflows Hit Highest Level Ever
Bitcoin remains above $65,000 despite highest-ever GBTC outflows. GBTC outflows are occurring due to high fees and ETF competition. Bitcoin {{BTC}} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever. According to data compiled by BitMEX research, outflow from GBTC hit $643 million … Read more