‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

While Blackrock’s spot bitcoin exchange-traded money (ETF), IBIT, experienced a continuous influx for 71 days earlier halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the grounds with 72 consecutive days of outflows, surpassing each different ETFs connected record. “No ETF has ever done thing adjacent to that,” observed Eric Balchunas, Bloomberg’s elder ETF analyst, connected […]