Bitcoin ETF Outflows Resume: IBIT and FBTC Inflows Fail to Counter GBTC Impact
On April 1, net outflows from spot Bitcoin ETFs reached $85.8 million. The trend turned negative again on the fifth trading day due to Grayscale’s GBTC, which saw $302.6 million in client funds withdrawn, according to SoSoValue. Data: SoSoValue. Inflows into BlackRock’s IBIT amounted to $165.85 million, while Fidelity’s FBTC saw $44 million. This was […]