GBTC ETF records lowest outflow since launch: $17.5 Million

by e_cash_top


Quick Take

Farside data indicates that Bitcoin (BTC) Exchange-Traded Funds (ETFs) experienced a significant inflow of $123.7 million on Apr. 10, following a period of consecutive outflows. Notably, the Grayscale GBTC ETF saw its lowest outflow at just $17.5 million since launch. However, its total outflows reached $15,981.0 billion.

Bitcoin ETF Flow Table: (Source: Farside)
Bitcoin ETF Flow Table: (Source: Farside)

Farside data highlights that among the BTC ETFs, including BlackRock IBIT, Fidelity FBTC, ARK’s ARKB, and Bitwise BITB, which have seen the most significant inflows, only these four registered positive inflows on Apr. 10. Leading the group was FBTC, with an inflow of $76.3 million, its largest since Apr. 5, pushing its total inflows to $8,043.2 billion. The total net inflows to Bitcoin ETFs now stand at $12,494.5 billion.

According to Heyappollo data, the eleven US spot BTC ETFs collectively hold 840,505 BTC.

BTC ETF Data: (Source: Heyapollo.com)
BTC ETF Data: (Source: Heyapollo.com)

The post GBTC ETF records lowest outflow since launch: $17.5 Million appeared first on CryptoSlate.



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