May 22, 2024

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Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

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Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other GainsFollowing two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]