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

Significant Outflow from GBTC Bitcoin ETF

12/9/2024 11:08:39 PM

Significant Outflow from GBTC Bitcoin ETF

According to Farside Investors, the GBTC Bitcoin ETF experienced a significant outflow of $24.4 million. This data point is crucial for traders monitoring the stability and investor sentiment towards Bitcoin ETFs. Such outflows can indicate a shift in market sentiment or investor strategy, possibly affecting Bitcoin's price in the short term. (Source)

GBTC Bitcoin ETF Farside Investors

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.