Bitcoin ETF Shows Positive Net Flow Despite GBTC Decline | Flash News Detail | Blockchain.News

Bitcoin ETF Shows Positive Net Flow Despite GBTC Decline

10/5/2024 3:57:30 AM

Bitcoin ETF Shows Positive Net Flow Despite GBTC Decline

According to Farside Investors, Bitcoin ETFs experienced a total net inflow of $25.6 million as of October 4, 2024. Significant contributions came from FBTC, BITB, and ARKB, with inflows of $13.6 million, $15.3 million, and $5.3 million respectively. However, the GBTC ETF saw a notable outflow of $13.9 million, which did not offset the overall positive net flow. Other ETFs such as IBIT, BTCO, EZBC, BRRR, BTCW, and BTC showed no changes in flow. (Source)

Bitcoin ETF GBTC FBTC ARKB BITB

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.