Outflows

Bitcoin ETF Outflows Trigger Bullish Sentiment Shift in Crypto Market – What’s Next for BTC?

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New York, USA – Grayscale’s Bitcoin ETF experienced a significant negative outflow of over $43 million, leading to outflows in other products in the cryptocurrency market. Despite this development, Bitcoin’s overall market remained relatively unaffected. Recently, U.S. spot Bitcoin ETFs have faced a sluggish month, once anticipated to be a major driver for a potential 2024 bull run that could catapult Bitcoin to as high as $100,000. These products saw outflows amounting to approximately $11.3 …

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Bitcoin ETFs See $15.4 Million Inflows After Five Days of Outflows – Fidelity Leads the Charge!

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New York, USA – The Nasdaq-listed spot bitcoin exchange-traded funds (ETFs) saw a significant turnaround on Monday, with inflows totaling $15.4 million after a five-day streak of outflows. This data was revealed by investment firm Farside in their latest report. Leading the inflows was Fidelity’s FBTC, which attracted $261.8 million, followed closely by BlackRock’s IBIT with $35.5 million. Other funds such as BITB, BTCO, EZBC, and BRRR also received substantial inflows ranging between $11 million …

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Bitcoin Volatility Continues as ETF Outflows Drive Market – Experts Predict More Turbulence Ahead

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Singapore, Singapore – Bitcoin faces volatility as it experiences a 10% drawdown this week, attributed to spot bitcoin ETF outflows from GBTC totaling around $300 million on March 20, according to Semir Gabeljic, Director of Capital Formation at Pythagoras Investments. Gabeljic added that this drawdown aligns with the expected range of 10-20% historically seen before the BTC halving event, hinting at more volatility ahead of the event. The CoinDesk 20 (CD20), a benchmark for the …

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Bitcoin Bloodbath: Grayscale ETF Sees Record $642.5 Million Outflows, Investors Panic as Asset Losses Mount

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New York, NY – The Bitcoin market experienced a significant selloff on Tuesday, with Grayscale’s Bitcoin Trust recording record outflows. This resulted in accelerated losses for the fund since its conversion into an exchange-traded fund earlier this year. BitMEX Research reported that Grayscale’s ETF saw a daily outflow of $642.5 million on Monday, coinciding with a 4% drop in Bitcoin’s value. By mid-afternoon Tuesday, the cryptocurrency had fallen an additional 2%, although it managed to …

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