Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long.
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...