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cryptonews
2024-02-16 22:10:27

Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales

Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales

Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows for five of the last seven trading days. Since The post Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales appeared first on Cryptonews .

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