Grayscale Bitcoin Outflows Hit New Low As Genesis Fallout Continues
• Grayscale's bitcoin ETF saw record low $18M outflows on Wednesday • Figures come after Grayscale CEO said outflows reaching "equilibrium" • Analysts say increased GBTC selling potentially due to Genesis bankruptcy • GBTC has seen nearly $15B in bitcoin outflows since going live • Bitcoin trading above $70,600, up 2.2% in 24 hours; CoinDesk 20 added 1.7%