Bitcoin

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<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.
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 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…
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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

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