Grayscale’s GBTC spot bitcoin ETF sees record $642.5 million d | 💠 Binance || Coinbase || Bybit 💠
Grayscale’s GBTC spot bitcoin ETF sees record $642.5 million daily outflow
Grayscale’s converted GBTC spot bitcoin exchange-traded fund saw record daily outflows of $642.5 million on Monday — breaking the prior $640.5 million peak set on Jan. 22. Inflows of $451.5 million from BlackRock’s dominant IBIT ETF were not enough to help overcome GBTC’s outflows, leading to a total net outflow of $154.4 million yesterday for the first time since March 1, according to data from BitMEX Research.
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