The net outflow of Grayscale GBTC has now exceeded 16.2 billion US dollars
According to data from Farside Investors, since the launch of the Bitcoin ETF in January, net outflows from Grayscale's GBTC fund have exceeded $16.2 billion. Since April, daily outflows from Grayscale's GBTC have fluctuated between $75 million and $300 million. This week, GBTC recorded a substantial outflow of $767 million, leading to overall negative inflows for the Bitcoin ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Could XRP Actually Flip Bitcoin? Former Ripple CTO Says Yes – But the Math Is Brutal
NSJ Gold closes over-subscribed private placement, raising $1.78 million at $0.3 per share
Xenia Hôtellerie Solution calls extraordinary shareholders’ meeting
Xenia Hôtellerie Solution shareholders vote on EUR 4 million capital increase mandate