Grayscale Sees $1.9 Billion in Outflows as Investors Favor Lower-Fee Bitcoin ETFs

Grayscale Bitcoin Trust saw $1.9 billion in outflows last week, leading to net outflows across all US spot bitcoin ETFs
Grayscale's outflows due to higher fees compared to rivals and selling by bankruptcy trustees
BlackRock's iShares Bitcoin Trust hit $10 billion in assets on March 1, though inflows slowed last week
Wealthfront replaced Grayscale's ETF with iShares' fund, citing lower fees and higher trading volumes
Bitcoin ETF flows may revive with more stable pricing and interest from institutional investors