Grayscale’s Bitcoin ETF Sees First Inflow After Billions Lost Since January

While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock’s iShares Bitcoin Trust (IBIT) is challenging the fund for the title of biggest bitcoin ETF. GBTC now has $18.1 billion in assets, versus IBIT’s $16.9 billion. IBIT, now in second place, started at zero in January, while GBTC had more than $26 billion.