Significant Outflow from GBTC Highlights Investor Sentiment
According to Farside Investors, the Grayscale Bitcoin Trust (GBTC) experienced a significant outflow of $134.5 million. This substantial withdrawal may indicate a shift in investor sentiment towards Bitcoin ETFs, potentially impacting market dynamics and pricing. Traders should monitor this development for potential implications on Bitcoin's market performance.
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.