GBTC done with outflows?
GBTC saw its second straight day of inflows
We don't have the numbers for today yet, but we have two days in a row of inflows now for GBTC.
(Source: https://twitter.com/BitcoinNewsCom/status/1787852386247364615/photo/1)
This is great news for the entire industry and especially the price of bitcoin.
While the total flow numbers will drop as they were being juiced by GBTC outlfows, it does appear some of the selling should subside.
Now we have the miners stopping selling, the ETFs finally operating how they were supposed to, and a good macro environment for bitcoin and crypto.
The next 12 months should be a lot of fun!
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