Bitcoin ETF Net Flow Shows Significant Outflows

According to Farside Investors, the total net flow for Bitcoin ETFs on June 24, 2024, was -$174.5 million, based on provisional data. Notably, GBTC saw the largest outflow at -$90.4 million, followed by FBTC at -$35.2 million and EZBC at -$20.9 million. Other ETFs like IBIT, BRRR, and BTCW reported no net flow changes. Traders should monitor these outflows as they might indicate broader market sentiment and potential price movements.