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Grayscale Bitcoin ETF (GBTC) Outflow Slows After $5B Bleed: CoinShares

by SB Crypto Guru News
January 29, 2024
in Crypto Updates
Reading Time: 1 min read
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GBTC, the biggest and longest-running bitcoin fund just lately transformed into an ETF from a closed-end construction, endured $2.2 billion of web outflows via final week, whereas newly-opened U.S. bitcoin ETFs noticed simply $1.8 billion in web inflows, in keeping with the report. Including web outflows from international automobiles, crypto-focused funds endured a web $500 million in exits, in keeping with CoinShares.



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Tags: BitcoinBitcoin NewsBleedCoinSharesCrypto NewsCrypto UpdatesETFGBTCGrayscaleLatest News on CryptoOutflowSB Crypto Guru NewsSlows
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