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First back-to-back net outflows for Bitcoin ETFs since late Ja | Bitcoin Magazine

First back-to-back net outflows for Bitcoin ETFs since late January due to $443 million GBTC outflow

Bitcoin ETFs saw a second day of outflows on March 19, the first instances of back-to-back outflows since Jan 25. Net outflows totaled $362 million, with Grayscale accounting for all outflows at $443 million. Most funds saw no net movement, with BlackRock, Fidelity, and Bitwise seeing inflows, according to Bitmex Research. BlackRock recorded just $75 million, Fidelity $39 million, and Bitwise $2.5 million in inflows on a rare poor performance day for the record-breaking Newborn Nine.

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