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News Block: Bitcoin Price Recovers as GBTC Outflows Slow, Halving Impact on Bitcoin Mining Profits, 2024 Fiscal Deficit Could Exceed $2 Trillion, Yellen Admits Prices Not Coming Back Down
Coin Stories with Natalie Brunell
Introduction
This chapter discusses recent developments in the Bitcoin market, including the slowdown of GBTC Outflows and Grayscale's transfer of a significant amount of Bitcoin to Coinbase. The chapter also highlights healthy inflows in other ETFs and strategies employed by ETF providers to attract investors, concluding with Bitwise becoming the first ETF issuer to publicly disclose the address of its Bitcoin holdings.
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