Million

Daily

Coin

<ul class="news-points">
 <li><strong>Data from Soso Value shows there was a $218 million net outflow from Bitcoin ETFs last Thursday.</strong></li>
 <li><strong>GBTC recorded the highest outflow, accounting for $139 million of the total outflow.</strong></li>
 <li><strong>FBTC and BRRR recorded daily net outflows for the first time.</strong></li>
</ul>
<p>Data from Soso Value, the leading ETF analytics platform, shows a $218 million net outflow from Bitcoin ETFs last Thursday. A report from the renowned Chinese crypto journalist Colin Wu showed that Grayscale’s GBTC accounted for $139 million of Thursday’s outflow, making it the ETF with the highest outflow in the day.</p>
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   <p lang="en" dir="ltr">According to SoSoValue, the total net outflow from Bitcoin spot ETFs was $218 million yesterday. <br><br>Grayscale ETF GBTC had a net outflow of $139 million, Fidelity ETF FBTC had a net outflow of $22.61 million, and Valkyrie ETF BRRR had a net outflow of $20.16 million, marking the… <a href="https://t.co/PhmFgEb9ng" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/PhmFgEb9ng</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1783710887704178842?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 26, 2024</a>
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<p>Furthermore, Wu’s report revealed that the Fidelity ETF (FBTC) had a net outflow of $22.61 million, and the Valkyrie ETF (BRRR) had a net outflow of $20.16 million. It is essential to note that Thursday’s records marked the first time FBTC and BRR…</p>
<p>The post <a href="https://coinedition.com/btc-slumps-following-a-218-million-daily-net-outflows-from-several-etfs/" rel="noopener noreferrer nofollow">BTC Slumps Following a $218 Million Daily Net Outflows From Several ETFs</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

BTC Slumps Following a $218 Million Daily Net Outflows From Several ETFs

Coin Edition

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