Bitcoin price (BTC) choppy on Wednesday

Most of Bitcoin’s gains in 2024 occurred from roughly mid-February to mid-March. Despite Grayscale’s significant selling of GBTC during this period, the spot ETF was regularly adding between 5,000 and 13,000 bitcoins per day. However, since then, massive Bitcoin selling has continued in GBTC, while buying in other ETFs has slowed. Net inflows into the entire group of spot ETFs have been negative for several days.