May 25, 2024

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GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

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GBTC’s Heavy Withdrawals Result in Net .3M Outflow in US Bitcoin ETFs
GBTC’s Heavy Withdrawals Result in Net .3M Outflow in US Bitcoin ETFsThe U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin Trust (GBTC) eclipsed these gains. Grayscale’s Losses Contrast With Gains On Thursday, GBTC experienced outflows that […]