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Bitcoin ETF Sees No Inflow in GBTC | Flash News Detail | Blockchain.News
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10/23/2024 9:45:25 PM

Bitcoin ETF Sees No Inflow in GBTC

Bitcoin ETF Sees No Inflow in GBTC

According to FarsideUK, the Bitcoin ETF, specifically GBTC, has recorded a zero million US dollar flow for the day. This indicates that there were no new investments or redemptions in the Grayscale Bitcoin Trust for the reported period. For traders, this could suggest a period of stagnation or stability in the market interest for GBTC, potentially impacting trading strategies focused on Bitcoin-related investment products.

Source

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.