Gbtc stock price despite midday pullbacks
Despite midday pullbacks, "GBTC stock price" recovered into positive territory, underpinned by consistent Bitcoin demand from retail and institutional channels. During the first two weeks of trading, the daily outflow average was approximately $530 million, whereas it has been reducing since Thursday, falling to $191 million on Monday—the lowest since trading began. Displays a symbol's price movements over previous years to identify recurring trends. Long-term investors view "GBTC stock price" as a leveraged proxy to Bitcoin’s movements, particularly appealing if spot ETFs remain constrained by approval processes.
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