Bloomberg Analyst: "GBTC outflow capital likely flowed into third-party bitcoin ETFs

"Assuming the inflow and outflow data for bitcoin spot ETFs to date is accurate, it's likely that much of the capital outflow from Grayscale's bitcoin ETF, GBTC, was directed to competing ETFs," James Seyffart, a Bloomberg ETF analyst, told X. Earlier, after the first trading day of the spot...

by spotedcrypto

Jan 18, 2024

1 min read