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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
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Source: Bitcoin.com

GBTC's Heavy Withdrawals Result in Net $11.3M 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 […]

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Author: Jamie Redman

Related posts:

  1. Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
  2. Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
  3. ‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs
  4. GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
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