Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30% By Cointelegraph

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Institutional investors are returning to accumulate Grayscale Trust (GBTC) shares as the discount to spot price his risen to nearly 30%, data on Glassnode shows.

Since December 2021, some weekly sessions saw investors pouring in between $10 million and $120 million into Grayscale’s flagship fund. Meanwhile, the biggest capital inflow — amounting to nearly $140 million — appeared in the week ending on Feb. 25, as shown in the chart below.

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