Bitcoin ETF Flows Indicate Positive Net Inflow Despite GBTC Outflows | Flash News Detail | Blockchain.News

Bitcoin ETF Flows Indicate Positive Net Inflow Despite GBTC Outflows

7/27/2024 3:45:09 AM

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. (Source)

Bitcoin ETF GBTC BITB IBIT HODL

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.