CASH DRAINS

Last updated: June 16, 2025, 06:18  |  Written by: Tyler Winklevoss

Cash Drains
Cash Drains

Grayscale

2 theories why GBTC sticks to high fees despite bleeding billions

Grayscale’s recently launched Bitcoin ETF, GBTC, is witnessing a gradual decline in outflows, as around $5 billion in digital assets are withdrawn from the fund. Despite

Since its launch on January 11, the Grayscale Bitcoin Trust (GBTC) has seen outflows exceeding $21 billion, making it the only spot Bitcoin ETF in the U.S. with a negative net investment flow.

The Size Of Grayscale

How is GBTC contributing to Bitcoin's downfall? - Crypto Recap

The size of Grayscale's Bitcoin Trust (GBTC) could pose a potential problem for the entire marketat least according to a UBS report. Grayscale's Bitcoin Trust, which

After conversion from a closed-end fund to a Spot ETF, GBTC’s treasury (3% of all 21 million bitcoin) has bled more than $4 billion during the first 9 days of ETF

Gbtc Regains Its Value With

Is GBTC the worst-affected victim of Bitcoin’s bearishness?

GBTC Outflows: Forecasting Total Bitcoin Selling - Bitcoin

GBTC regains its value with bitcoin Bloomberg To make matters worse, according to media outlet CoinDesk, the team in charge of FTX's bankruptcy sold a very large

There Are Two Impacts On

There are two impacts on the markets: one, derivatives playing the carry trade a.) buy Bitcoin spot, put it into Grayscale, b.) receive GBTC shares, c.) short BTC futures to hedge risk, d.)

On crypto publishing platform «Medium» a blogger pointed to another factor in the bearishness around Bitcoin, the Grayscale Bitcoin Trust (GBTC), the world’s largest

GBTC: A Look Back at the Controversial Crypto Investment Trust

How Bitcoin Price Will React As Grayscale's Sell-Off Slows Down

GBTC's near $11 billion assets under management pose a risk

Grayscale Bitcoin Trust Faces $21 Billion Outflow Amid Spot

Grayscale May Be Sticking To

Grayscale may be sticking to high fees for its spot Bitcoin (BTC) exchange-traded fund to keep “stuck” holders from cashing out while betting that Bitcoin’s price will

Are GBTC Unwinds Bullish or Bearish for Bitcoin? - CoinDesk

What's Driving Bear Bitcoin Market? - finews.com

Since

Since 6 January, Bitcoin's price has remained rangebound in the $39.6k to $44.6k region. Over the past 7 days, the candlesticks have been spending more time towards

Grayscale’s GBTC closes 2025 as one of the hottest pain points of crypto. After a year of spectacular blowups and unexpected disappointments, crypto is trying to brace

Tyler Winklevoss can be reached at [email protected].

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