Bitcoin

Coin

<ul class="news-points">
 <li>GBTC’s significant outflow signals shifting investor sentiment towards Bitcoin spot ETFs.</li>
 <li>Despite GBTC’s outflows, new ETFs contributed to a net increase in Bitcoin holdings.</li>
 <li>Bitwise BITB ETF emerges as a top performer amidst overall weak ETF inflow figures.</li>
</ul>
Total net outflows from<a href="https://coinedition.com/bitcoin-etf-net-inflows-surge-spot-on-chain-data-reveals-trends/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow"> Bitcoin spot ETFs</a> reached $223 million yesterday, marking a significant shift in capital movement within the cryptocurrency investment sphere. As per Wu Blockchain, an analytic firm, among the notable changes, Grayscale ETF GBTC experienced a substantial single-day net outflow of $303 million, indicating a noteworthy departure of funds from this particular avenue.&nbsp;
Conversely, the Bitwise ETF NYSE emerged as a standout performer, witnessing a single-day net inflow of approximately $40.33 million, showcasing investor confidence in this asset class.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 SoSoValue: Total net outflows from Bitcoin spot ETFs yesterday were $223 million. Grayscale ETF GBTC saw a single-day net outflow of $303 million. The Bitcoin spot ETF with the largest single-day net inflows was Bitwise ETF NYSE, with a single-day net inflow of approximatel…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/bitcoin-etf-outflows-surge-as-grayscale-sees-major-exodus/" rel="noopener noreferrer nofollow">Bitcoin ETFs Experience Massive Outflows As Grayscale Bleeds $303M</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin ETFs Experience Massive Outflows As Grayscale Bleeds $303M

Coin Edition

Andre artikler udgivet 9. apr. 2024

DeXe Protocol Collaborates with DWF Labs to Enhance Liquidity and Market Presence

Estée Lauder NIV, a16z Crypto Back $7 Million Funding Round for Blockchain-Based Beauty Brand KIK...

John Deaton Criticized Senator Elizabeth Warren’s Tax Views

Toncoin prices surge 28% to cross $5.5 – What next?

Shiba Inu Makes Millionaires: Seasoned Bitcoin Trader Made $5.7 Mln From Shiba Inu

Mantle's L2 Token Tops Charts in 2024, Monero Rival Sees Surge in Investor Interest

Join our free newsletter for daily crypto updates!