Significant Outflow in Bitcoin ETF as GBTC Records $24.2 Million Withdrawal
According to Farside Investors, the Bitcoin ETF has experienced a notable outflow with the Grayscale Bitcoin Trust (GBTC) reporting a withdrawal of $24.2 million. This movement could indicate a shift in investor sentiment or a reallocation of assets. Traders should monitor this trend for potential impacts on Bitcoin prices and market dynamics.
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.