Significant Outflow in Bitcoin ETF Reported | Flash News Detail | Blockchain.News

Significant Outflow in Bitcoin ETF Reported

9/5/2024 9:58:09 PM

Significant Outflow in Bitcoin ETF Reported

According to Farside Investors, the Bitcoin ETF (GBTC) experienced a significant outflow of $23.2 million. This substantial movement of funds could indicate a bearish sentiment among institutional investors. Traders should monitor further developments and consider the potential impact on Bitcoin's market price. (Source)

Bitcoin ETF GBTC Farside Investors

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.