Capital Stops Flowing In, Why Is Wall Street Starting to Abandon Grayscale Bitcoin Trust?

Grayscale is No Longer Investors' Only Choice Grayscale Bitcoin Trust is one of the few products that provides hedge funds, endowment funds, pension funds, and family offices with a way to invest in Bitcoin without users having to hold this digital asset themselves. Therefore, capital flowing into GBTC has been continuously increasing. For example, as reported last year, Wall Street investors deposited approximately $18.2 billion into the fund, becoming an indicator of growing institutional interest in the cryptocurrency industry.