Grayscale GBTC Records Lowest Daily Net Outflow as BTC Price Rises
On April 10, GBTC outflows were about 15x lower than the average daily GBTC outflows observed over the past four
On April 10, GBTC outflows were about 15x lower than the average daily GBTC outflows observed over the past four
Grayscale's CEO suggests that outflows from the Grayscale Bitcoin Trust may be stabilizing after a period of consistent investor selling.
Wednesday's inflows totaled $113m, with GBTC's slowed outflows at $75m, posting its lowest figure since Feb. 26.
Tuesday saw the second consecutive day of outflows for ARKB, with $87.5 million in exodus, surpassing GBTC's $81.9 million.
CryptoQuant data identified two huge Bitcoin withdrawals in a span of a week.
Spot Bitcoin exchange-traded funds have seen their first aggregate outflows since March 22 as crypto markets retreat.Â
Institutional crypto asset management firm Grayscale has unveiled a new product that will provide returns based on staking yields. Â
GBTC recorded $105 million in outflows which was its lowest figure since March 12th.
Spot Bitcoin exchange-traded funds are seeing positive inflows again following five days of outflows.Â
Spot Bitcoin exchange-traded funds have seen their fourth consecutive day of aggregate outflows as the underlying asset continues to retreat.