US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility

Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced antagonistic outflows connected Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing different notable decrease. Metrics from Thursday uncover GBTC held 316,193.43 bitcoins, but aft a diminution of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin Despite GBTC’s […]