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Bloomberg Analyst: GBTC outflows exceed $640 million on seventh trading day

Bloomberg Analyst: GBTC outflows exceed $640 million on seventh trading day

CointimeCointime2024/01/23 03:43
By:Cointime

Bloomberg analyst James Seyffart wrote on X platform that on the seventh day of trading for the bitcoin spot ETF, GBTC had over $640 million in outflows. The outflow of funds has not slowed down, but rather accelerated. This is the largest outflow of funds from GBTC to date, with a total amount of $3.45 billion so far.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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