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Significant Outflow in Bitcoin ETF: GBTC Records $105.8 Million Loss | Flash News Detail | Blockchain.News
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12/13/2024 10:45:20 PM

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

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

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

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.