EddieJayonCrypto
21 Mar 24
In the past three days, Bitcoin exchange-traded funds (ETFs) have seen a total outflow of $742 million, indicating a notable trend. Among these, Grayscale's GBTC recorded a substantial negative outflow of $386.6 million on Wednesday, contributing significantly to the downward trend. On the positive ...
In the past three days, Bitcoin exchange-traded funds (ETFs) have seen a total outflow of $742 million, indicating a notable trend. Among these, Grayscale's GBTC recorded a substantial negative outflow of $386.6 million on Wednesday, contributing significantly to the downward trend. On the positive side, U.S. Bitcoin ETFs have seen a notable net inflow of $11.42 billion since their inception, demonstrating the enduring interest in these investment vehicles. Despite the recent market downturn, these ETFs have experienced more positive inflow days than negative, signaling resilience in the market.
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