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Grayscale Bitcoin and Ethereum ETFs Experience Significant Outflows | Flash News Detail | Blockchain.News
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9/2/2024 4:31:39 PM

Grayscale Bitcoin and Ethereum ETFs Experience Significant Outflows

Grayscale Bitcoin and Ethereum ETFs Experience Significant Outflows

According to Lookonchain, as of September 2, there have been significant outflows in both Bitcoin and Ethereum ETFs. Bitcoin ETFs saw a net outflow of 795 BTC, equivalent to $46.53 million. Specifically, Grayscale's Bitcoin Trust (GBTC) experienced outflows of 392 BTC, worth $22.96 million, and currently holds 226,862 BTC, valued at $13.29 billion. Similarly, Ethereum ETFs had a net outflow of 861 ETH, totaling $2.17 million. Grayscale's Ethereum Trust (ETHE) saw outflows of 2,237 ETH, worth $5.63 million, and now holds 1,807,366 ETH.

Source

Lookonchain

@lookonchain

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