According to PANews, on May 9th, Grayscale GBTC, a prominent cryptocurrency fund, experienced a net outflow of $43 million. In contrast, Bitwise BITB, ARKB, and Franklin EZBC saw net inflows. Bitwise BITB reported an inflow of $7 million, ARKB had an inflow of $4.5 million, and Franklin EZBC saw an inflow of $2 million. These figures indicate a shift in investment patterns within the cryptocurrency market. However, the reasons behind these changes in fund flows remain unclear. Further monitoring and analysis of these trends are required to understand the implications for the broader cryptocurrency market.
Grayscale GBTC Experiences Net Outflow While Bitwise BITB, ARKB, and Franklin EZBC See Inflows
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