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Grayscale's spot Bitcoin ETF records a daily inflow of $63M

Ayush Pande
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Ayush Pande
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Ayush Pande
Grayscale's spot Bitcoin ETF records a daily inflow of $63M
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Grayscale's GBTC spot Bitcoin exchange-traded fund (ETF) witnessed an astronomically high daily inflow of $63M. With this surge in net flow, the popular ETF successfully ended a 78-day streak of consecutive outflows on May 4. 

Despite the recent inflow, GBTC's assets under management have seen a decline, falling 53% from approximately 619K BTC to 291K BTC since their release on January 11.

It is worth noting that Friday's inflow was not exclusive to GBTC; other spot Bitcoin ETFs also witnessed substantial net inflows. Franklin Templeton’s EZBC registered a record daily net inflow of almost $61M, while Bitwise’s BITB ETF hit a $33.5M inflow. 

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Meanwhile, Bitcoin (BTC) also witnessed an upsurge in its pricing. As of writing, the most popular crypto token is valued at $63.5K, up by 2.8% over the last 24 hours.

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Ayush Pande
Written by:
Ayush Pande
Co-Founder & CEO

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author
Ayush Pande
Reviewed by:
Ayush Pande
Writer

Grayscale's spot Bitcoin ETF records a daily inflow of $63M

Grayscale's GBTC spot Bitcoin ETF witnessed an astronomically high daily inflow of $63M.
Bitcoin
Dot
April 5, 2025
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in
TABLE OF CONTENTS
Photo Source: DrawKit Illustrations (Unsplash)

Grayscale's GBTC spot Bitcoin exchange-traded fund (ETF) witnessed an astronomically high daily inflow of $63M. With this surge in net flow, the popular ETF successfully ended a 78-day streak of consecutive outflows on May 4. 

Despite the recent inflow, GBTC's assets under management have seen a decline, falling 53% from approximately 619K BTC to 291K BTC since their release on January 11.

It is worth noting that Friday's inflow was not exclusive to GBTC; other spot Bitcoin ETFs also witnessed substantial net inflows. Franklin Templeton’s EZBC registered a record daily net inflow of almost $61M, while Bitwise’s BITB ETF hit a $33.5M inflow. 

‍



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Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Meanwhile, Bitcoin (BTC) also witnessed an upsurge in its pricing. As of writing, the most popular crypto token is valued at $63.5K, up by 2.8% over the last 24 hours.

Bitcoin ETF
Bitcoin
Grayscale
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Bitcoin
May 4, 2024

Grayscale's spot Bitcoin ETF records a daily inflow of $63M

HomeBitcoin
Blog Post
Contents
Photo Source: DrawKit Illustrations (Unsplash)

Grayscale's GBTC spot Bitcoin exchange-traded fund (ETF) witnessed an astronomically high daily inflow of $63M. With this surge in net flow, the popular ETF successfully ended a 78-day streak of consecutive outflows on May 4. 

Despite the recent inflow, GBTC's assets under management have seen a decline, falling 53% from approximately 619K BTC to 291K BTC since their release on January 11.

It is worth noting that Friday's inflow was not exclusive to GBTC; other spot Bitcoin ETFs also witnessed substantial net inflows. Franklin Templeton’s EZBC registered a record daily net inflow of almost $61M, while Bitwise’s BITB ETF hit a $33.5M inflow. 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Meanwhile, Bitcoin (BTC) also witnessed an upsurge in its pricing. As of writing, the most popular crypto token is valued at $63.5K, up by 2.8% over the last 24 hours.

Bitcoin ETF
Bitcoin
Grayscale
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in

Grayscale's GBTC spot Bitcoin exchange-traded fund (ETF) witnessed an astronomically high daily inflow of $63M. With this surge in net flow, the popular ETF successfully ended a 78-day streak of consecutive outflows on May 4. 

Despite the recent inflow, GBTC's assets under management have seen a decline, falling 53% from approximately 619K BTC to 291K BTC since their release on January 11.

It is worth noting that Friday's inflow was not exclusive to GBTC; other spot Bitcoin ETFs also witnessed substantial net inflows. Franklin Templeton’s EZBC registered a record daily net inflow of almost $61M, while Bitwise’s BITB ETF hit a $33.5M inflow. 

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Meanwhile, Bitcoin (BTC) also witnessed an upsurge in its pricing. As of writing, the most popular crypto token is valued at $63.5K, up by 2.8% over the last 24 hours.

Written by
Ayush Pande
Bitcoin ETF
Bitcoin
Grayscale

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