Significant Outflow in Bitcoin ETF: GBTC Records $105.8 Million Loss

12/13/2024 10:45:20 PM

According to Farside Investors, the Bitcoin ETF has experienced a substantial daily outflow with the Grayscale Bitcoin Trust (GBTC) recording a negative flow of $105.8 million. This significant outflow could indicate a bearish sentiment among institutional investors, potentially impacting Bitcoin's market performance. Traders should monitor this trend closely as it could influence Bitcoin's price movements. (Source)

GBTC Bitcoin ETF 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.

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