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News Explorer — Spot Bitcoin ETFs See Third Straight Day of Net Outflows

Generated by AI, curated by humans

Apr 17, 5:37 am

The Block

Spot Bitcoin ETFs See Third Straight Day of Net Outflows

Spot bitcoin exchange-traded funds in the US have seen net outflows for the third consecutive day, with over $58 million leaving the products. Grayscale's bitcoin trust, GBTC, was the main contributor to the outflows, with nearly $79.4 million leaving the ETF. The Ark 21Shares Bitcoin ETF also experienced net outflows, while other spot bitcoin ETFs saw modest inflows.

Spot bitcoin exchange-traded funds in the US have seen net outflows for the third consecutive day, with over $58 million leaving the products. Grayscale's bitcoin trust, GBTC, was the main contributor to the outflows, with nearly $79.4 million leaving the ETF. The Ark 21Shares Bitcoin ETF also experienced net outflows, while other spot bitcoin ETFs saw modest inflows.

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