Significant Outflow from Bitcoin ETF: GBTC Reports $32.3 Million Withdrawal
According to Farside Investors, the Bitcoin ETF, specifically the Grayscale Bitcoin Trust (GBTC), has experienced a substantial outflow of $32.3 million. This indicates a decrease in investor interest or confidence in this particular investment vehicle. Such a significant withdrawal could potentially impact the market perception of Bitcoin ETFs and influence trading strategies.
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.