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Grayscale CEO: Bitcoin ETF Flows Reaching 'Equilibrium' as GBTC Outflows Continue

Michael Sonnenshein said that early outflows from GBTC were "anticipated," and linked to the bankruptcy settlements of crypto firms such as FTX.

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Grayscale CEO: Bitcoin ETF Flows Reaching 'Equilibrium' as GBTC Outflows Continue
Michael Sonnenshein said that early outflows from GBTC were "anticipated," and linked to the bankruptcy settlements of crypto firms such as FTX.

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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