
KEY POINTS
- A Bloomberg analyst said he had to double check to make sure that it was an inflow
- Some users were bullish, but most were confused, saying the investor had better alternatives
- Grayscale recently announced a 'mini' version of its GBTC, with a much smaller fee
Asset investment firm Grayscale's spot Bitcoin exchange-traded fund (ETF) GBTC has finally broken its months-long outflows streak as it saw its first inflow, and the cryptocurrency industry has mixed reactions to the development.