According to Farside Investors data, Bitcoin spot ETFs had a net outflow of about $140 million yesterday, of which Grayscale GBTC had a net outflow of $492 million and BlackRock IBIT had a net inflow of $225 million. Bloomberg analyst James Seyffart said that the large outflow of GBTC was related to the principle settlement reached between Genesis and other creditors of Gemini in the bankruptcy case.
See original
Bitcoin spot ETF net outflow of about $140 million on March 1
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
1,01,585.39
+1.28%
Replies 0