Biggest ETF outflow: At this rate, Grayscale will be out of Bitcoin in 4 months

The ETF’s record outflow day came as Bitcoin hit a U.S. trading day low of nearly $62,000 as it continues to slide after hitting a high last week.) exchange-traded funds have witnessed their largest day of joint outflows on record, with a total of $326 million being shed from the 10 funds on March 19.

Grayscale’s GBTC saw $443.5 million net outflows on the day, with BlackRock, Fidelity and Bitwise’s ETFs being the only funds to post net inflows, according to Farside Investors BlackRock’s iShares Bitcoin Trust boasted the day’s largest net inflows at $75.2 million, while the Fidelity Wise Origin Bitcoin Fund saw $39.6 million.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Grayscale Will Lower Fees On Its Spot Bitcoin ETF, CEO ConfirmsCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Grayscale’s bitcoin ETF sees ‘bearish engulfing’ pattern after being its most overbought in yearsExtreme overbought readings can more often than not be bullish, based on the ETF’s trading history
Source: MarketWatch - 🏆 3. / 97 Read more »

Grayscale Launches New Bitcoin ETF to Shake Up Cryptocurrency Investment LandscapeGrayscale, powerhouse in digital asset management with over $50 billion in assets, shakes up cryptocurrency investment landscape with launch of BTC, new Bitcoin ETF
Source: Utoday_en - 🏆 295. / 63 Read more »

Grayscale Sees Huge Bitcoin ETF Outflow, But Record Inflow for VanEckCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Spot Ether ETF: 'No Grounds for Disapproval,' Major Expert SaysRecent SEC meeting with Grayscale, Coinbase representatives is good news for spot Ethereum (ETH) ETF enthusiasts
Source: Utoday_en - 🏆 295. / 63 Read more »