Bitcoin ETF Flows Indicate Positive Net Inflow Despite GBTC Outflows
According to Farside Investors, Bitcoin ETFs saw a total net inflow of $51.8 million on July 26, 2024. Key contributors included IBIT with $23.2 million, BITB with $31.4 million, and HODL with $19.2 million. However, GBTC experienced a significant outflow of $26.5 million. Traders should note these shifts as they indicate varying investor confidence across different Bitcoin ETFs.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.