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TechFlow reported, according to Reuters, that shares of Grayscale's Bitcoin Trust (GBTC.P) rose 5% in pre-market trading on Monday, marking the first inflow of funds since January.
Since converting the trust into an easily tradable ETF in January, GBTC has seen outflows totaling $17.46 billion, partly due to its relatively high fees compared to competitors.
According to Reuters, shares of Grayscale Bitcoin Trust (GBTC.P) rose 5% in premarket trading on Monday, marking the first inflow since January. Since converting the trust into an easily tradable ETF in January, GBTC has seen outflows totaling $17.46 billion, partly due to its higher fees compared to rivals.
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