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12/11/2024 11:11:48 PM

Significant Daily Flow in Bitcoin ETF via GBTC

Significant Daily Flow in Bitcoin ETF via GBTC

According to Farside Investors, the Bitcoin ETF, specifically the Grayscale Bitcoin Trust (GBTC), experienced a daily flow of $20.1 million. This substantial flow indicates active trading and investment interest in GBTC, which could influence Bitcoin's market dynamics. Traders should monitor these flows as they can signal institutional interest and potential price movements in Bitcoin.

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.