Negative Flow in GBTC: Implications for Bitcoin ETF
According to Farside Investors, the Bitcoin ETF experienced a negative flow, with the Grayscale Bitcoin Trust (GBTC) reporting a decrease of $9.6 million. This indicates a potential sell-off or reduced interest in GBTC, which could impact Bitcoin's market dynamics. Traders should monitor these flows for signs of market sentiment shifts.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.