Bitcoin price (BTC) surpasses $50,000, signaling the end of cryptocurrency winter.

While actions over the past few weeks have slowed outflows from GBTC, significant inflows have continued into new products. On February 8, Grayscale shed just 1,850 bitcoins, while nine other ETFs added nearly 11,000 tokens to their funds. Then on February 9, Grayscale lost 2,252 coins, while the other nine ETFs added more than 13,000. For perspective, there are only 900 new Bitcoins mined each day (this will soon drop to 450 per day once the Bitcoin halving occurs in April).