GBTC sees $166M outflow despite CEO's 'equilibrium' remark — TradingView News

Retrieved on: 2024-04-13 16:28:44

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Asset management

Grayscale Investments

GBTC

Bitcoin

Exchange-traded fund

Grayscale Bitcoin Trust

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GBTC sees $166M outflow despite CEO's 'equilibrium' remark — TradingView News. View article details on HISWAI: https://www.tradingview.com/news/cointelegraph:c9c733f6a094b:0-gbtc-sees-166m-outflow-despite-ceo-s-equilibrium-remark/

Summary

The article discusses Grayscale Bitcoin Trust (GBTC), an ETF-like product by Grayscale Investments, facing large outflows while charging high management fees amidst competition, particularly from BlackRock's IBIT Bitcoin ETF, and investor disengagement.

Article found on: www.tradingview.com

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