Tuesday, June 25, 2024

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited MondayAt the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC Leads Outflow as Bitcoin ETFs See Continued Decline On Monday, another day of outflows hit […]

via Jamie Redman

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