Significant Outflow from GBTC Signals Investor Caution

12/12/2024 10:34:43 PM

According to FarsideUK, the Bitcoin ETF, specifically the Grayscale Bitcoin Trust (GBTC), experienced a significant outflow of $48.4 million. This movement suggests a notable level of investor caution or repositioning within the market. Traders should monitor this trend as it may indicate shifting sentiment or strategy among institutional investors. (Source)

Bitcoin ETF GBTC Grayscale Bitcoin Trust

More from 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.

---