$BTC
Grayscale's Bitcoin Trust (GBTC) has been experiencing significant outflows recently, indicating that investors are redeeming shares and, in effect, selling Bitcoin.
On April 28, 2025, GBTC recorded a net outflow of $42.7 million, reflecting sustained selling pressure and potential bearish sentiment among institutional holders.
As of May 1, 2025, GBTC holds approximately 190,623 BTC, down from earlier levels, suggesting a reduction in holdings.
These developments indicate that Grayscale is experiencing notable outflows, which could impact Bitcoin's short-term price dynamics.
