Nick Baker is CoinDesk’s deputy editor-in-chief and a Loeb Award winner. His crypto holdings are below CoinDesk's $1,000 disclosure threshold.
The Grayscale Bitcoin Trust , the largest bitcoin ETF by assets, saw a net inflow of new money from investors,BronxCrypto Founder on Major Challenges Faced by Crypto EducationGBTC has much higher fees, and investors yanked billions of dollars from it. Its bitcoin holdings have dropped from more than 600,000 bitcoin toGrayscale's Planned Mini Bitcoin ETF Will Have a 0.
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust is challenging the fund for the title of biggest bitcoin ETF. GBTC now hasin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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