* Grayscale’s GBTC has experienced significant fund outflows, with a total of $7 billion exiting as of February 16, despite still maintaining $23 billion in AUM.

* The reduction in outflows from Grayscale’s spot Bitcoin ETF fund, although considerable, may not be at an end, according to industry observers.

* Nate Geraci, President of the ETF Store, has hinted that Grayscale could launch a “mini-GBTC,” a brand-new spot Bitcoin ETF with remarkably lower fees.

Significant Withdrawals but GBTC Still Going Strong

Vexing outflows from massive Grayscale’s Spot Bitcoin ETF Fund

Will Grayscale’s next move be a ‘mini’ version with lower fees?

My sizzling hot take? It seems as though Grayscale’s GBTC Bitcoin ETF fund has sprung a leak, and while they say time heals all wounds, this hemorrhage might require a little more than a Band-Aid. It’s kind of like your coffee pot dripping one minute, and the next it’s a full-blown caffeine flood on your countertop. But hey, with $23 billion still under their management, they won’t exactly be scrounging for change under their couch cushions.

Predictions of a new mini-GBTC suggest Grayscale might be planning a ‘Small is Beautiful,’ approach. Think the Mini Cooper of Bitcoin ETFs. Lower fees might just be the carrot they use to entice those runaway horses back into the stable. I guess time, and the crypto market’s ever-volatile temperament, will tell. #Grayscale #BitcoinETF #BringontheminiOriginal article: https://cointelegraph.com/news/grayscale-gbtc-outflows-reach-7b-when-will-it-stop