GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin Trust (GBTC) eclipsed these gains. Grayscale’s Losses Contrast With Gains On Thursday, GBTC experienced outflows that […]