Grayscale’s Bitcoin ETF is climbing as Bitcoin itself bounces, helped by moderating U.S. inflation rhetoric and resilient labor data that reduce fears of aggressive Fed tightening.[1][4][6]
Yesterday’s report of $35.1M net inflows into GBTC despite broad U.S. spot Bitcoin ETF outflows is also supporting sentiment, suggesting renewed demand for this specific vehicle even as peers saw withdrawals.[4][5]