Significant Outflow from Bitcoin ETF via GBTC
10/4/2024 10:56:37 PM
According to Farside Investors, the Bitcoin ETF experienced a significant outflow, with the Grayscale Bitcoin Trust (GBTC) seeing a reduction of $13.9 million in its daily US dollar flow. This data suggests a potential decrease in investor interest or profit-taking in the Bitcoin market. Traders should monitor these flows as they can impact Bitcoin's market price. (Source)
Bitcoin ETF GBTC Grayscale Bitcoin Trust