What we thought would happen, is finally happening.
The demand side is overwhelming the sell side.
This is coming as GBTC is running out of sellers:
(Source: https://twitter.com/BitMEXResearch/status/1756239419504316624/photo/1)
That $52 million number was the smallest outflow yet for GBTC.
I suspect we are going to see huge inflow numbers later today when the data gets published.