Data: The net outflow of funds from all Bitcoin spot ETFs in the United States yesterday was approximately $140 million

2024-03-02 14:03:04

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ChainCatcher news, according to Farside Investors data, yesterday the net outflow of Bitcoin spot ETFs was about $140 million, with Grayscale GBTC seeing a net outflow of $492 million and BlackRock IBIT experiencing a net inflow of $202 million.

Bloomberg analyst James Seyffart stated that the large outflow from GBTC is related to the principle settlement reached between Genesis and Gemini with other creditors in their bankruptcy cases.

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