Significant Outflow from Bitcoin ETF via GBTC | Flash News Detail | Blockchain.News

Significant Outflow from Bitcoin ETF via GBTC

10/4/2024 10:56:37 PM

Significant Outflow from Bitcoin ETF via GBTC

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

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.