Bitcoin ETFs Facing Significant Outflows, Grayscale Trust Impacted

Tuesday, 2 April 2024, 21:39
The recent data shows that Bitcoin ETFs are experiencing a substantial outflow, with over $302 million leaving Grayscale Trust. This negatively impacts the average flows across Bitcoin ETFs, signaling a downturn in investor sentiment towards cryptocurrency investments. Grayscale's GBTC is particularly affected, raising concerns about the future performance of Bitcoin-related financial products.
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Bitcoin ETFs Facing Significant Outflows, Grayscale Trust Impacted

Bitcoin ETFs Outflow

The recent data shows that Bitcoin ETFs are experiencing a substantial outflow, with over $302 million leaving Grayscale Trust. Grayscale’s GBTC continues to bleed, dragging the average flows across Bitcoin ETFs into the negative.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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