In January 2024, the Grayscale Bitcoin Trust ( GBTC ) held an impressive 619,000 BTC. However, over the next year and a half, GBTC experienced continuous outflows of funds. By June 2025, its holdings plummeted to 185,000 BTC, a decrease of nearly 70%. This astonishing data has sparked numerous speculations in the market regarding the future development of GBTC.
Grayscale Investments (, as a pioneer in digital currency asset management established in 2013, launched its flagship product GBTC in 2015, providing institutional investors with a convenient channel to enter the Bitcoin market. As a tr
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