GBTC - Bitcoin ETFs See Outflows Exceed $261M BlackRock Boasts Single-Day Net Inflow Of $49M | Benzinga
Bitcoin spot exchange-traded funds (ETFs) continued to see net outflows for a third consecutive day, raising questions about investor sentiment in the cryptocurrency market.
SoSoValue's data reveals a total net outflow of $261 million on Wednesday, March 20.
Among the ETFs experiencing outflows, the Grayscale Bitcoin Trust (OTC: GBTC) reported the most substantial single-day net outflow of $386 million.
This latest withdrawal has contributed to GBTC's total historical net outflow ...