Good news for Bitcoin came over the weekend from Grayscale’s ETF.
Indeed, quite unexpectedly, on Friday, May 3rd, there were recorded 63 million dollars of inflows towards the world’s largest Bitcoin ETF.
Holy crap $GBTC had inflows today. Their 80 day-ish streak is finally over. I had to run my eyes and double check the data but it’s true. https://t.co/I4TTU4q5Q1
— Eric Balchunas (@EricBalchunas) May 3, 2024
The latest news on Bitcoin: Grayscale ETF outflows
Since it was transformed into an ETF on January 11, 2024, the Grayscale fund on Bitcoin has recorded a long consecutive series of outflows.
It is enough to say that on January 10th he owned about 620,000 BTC, while now he only owns a little over 290,000, which is less than half.
The outflows began on the very day of the stock market debut in the form of ETFs, so much so that already the next day they were forced to liquidate more than 2,300 BTC.
Since then, practically during all daily stock market s
We współpracy z: https://en.cryptonomist.ch/2024/05/06/bitcoin-good-news-for-grayscales-etf/
