Grayscale Bitcoin and Ethereum ETFs Experience Significant Outflows
9/2/2024 4:31:39 PM
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)
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