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Grayscale GBTC's Bitcoin holdings decreased by approximately 5086 coins on January 31 compared to the previous day

Grayscale GBTC's Bitcoin holdings decreased by approximately 5086 coins on January 31 compared to the previous day

2024/02/01 00:54

According to the daily holdings update released by Grayscale, as of January 31, 2024, it held 487,025.986 Bitcoins, a decrease of 5086.4674 from yesterday's 492,112.4534. In addition, as of January 31st, the asset management scale (non-GAAP) of GBTC was approximately $20.708 billion USD and outstanding shares decreased to 545 million with each share holding about 0.00089353 BTCs. Furthermore, according to data monitoring by BitMEX Research, Grayscale's GBTC had an outflow of funds on the fourteenth trading day amounting to approximately $188 million USD which is lower than the previous day’s $220 million USD.

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