November 19, 2024

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Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs

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Monday’s Market Action Sees .7 Million Outflow From US Spot Bitcoin ETFs
Monday’s Market Action Sees .7 Million Outflow From US Spot Bitcoin ETFsOn Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells Off Since the trading […]