Bitcoin price improves as outflows from Grayscale GBTC ETF slow down

Market analysts have developed a positive outlook for the price of Bitcoin, owing to the decelerating outflows from Grayscale's GBTC Bitcoin ETF.

Research has indicated a slowing pace of sell-offs in Grayscale's GBTC Bitcoin ETF, resulting in anticipation of a potentially favorable impact on Bitcoin prices.

This shift has sparked a newfound sense of optimism in the market for Bitcoin.