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Grayscale Bitcoin Trust (GBTC): Continued experiencing outflows. CryptoPotato reported a further outflow of $359 million on March 21st https://www.coindesk.com/markets/2024/02/12/bitcoin-tops-49k-as-bitcoin-etf-inflows-accelerate/.
Other Spot Bitcoin ETFs: While Grayscale saw outflows, some other spot Bitcoin ETFs saw inflows. BlackRock's iShares Bitcoin Trust (IBIT) reportedly had an inflow of $233.4 million for March 21st https://www.coindesk.com/markets/2024/02/12/bitcoin-tops-49k-as-bitcoin-etf-inflows-accelerate/.
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There was a significant outflow from Bitcoin ETFs on March 18, 2024, the day before today. Here's a breakdown:
Grayscale Bitcoin Trust (GBTC) witnessed its largest ever single-day outflow of $643 million.
Overall, there was a net outflow of $154.3 million from spot Bitcoin ETFs.
#BTC_ETF
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#cutedog https://video.nostr.build/c07ebf49ba6d326cc5538cda8265637846ce1bf5eb010a30ea72a0bb1bab9fee.mp4
Happy when you hold #bitcoin without any comparison. 🚀
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