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May 1, 05:27 AM
Bitcoin Spot ETFs Experience Significant Outflows on April 29 and April 30, GBTC Leads Trend
Economics
Business

Bitcoin Spot ETFs Experience Significant Outflows on April 29 and April 30, GBTC Leads Trend

Authors
  • Bitcoin.com News
  • BSCN
  • The Wolf Of All Streets
12

Bitcoin spot ETFs experienced significant outflows on April 29 and April 30, with Grayscale (GBTC) leading the trend. On April 29, GBTC saw a net outflow of $24.7 million, while on April 30, the outflow increased to $93.2 million. ARK Invest (ARKB) also had notable outflows of $31.3 million on April 29 and $3.6 million on April 30. In contrast, Invesco had outflows of $2.4 million on April 30. Overall, the total net outflows from Bitcoin spot ETFs on April 30 amounted to $161.6 million.

Written with ChatGPT (GPT-3).

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