Last week, digital asset investment products faced significant outflows totaling $795 million, marking three weeks of declines driven by ongoing negative sentiment. Overall outflows since February have reached a staggering $7.2 billion, nearly erasing this year’s previous inflows. Bitcoin was the hardest hit with $751 million leaving the Market, although it still has $545 million ...
Bitcoin ETFs have experienced their worst two-week sell-off since launch, with $1.14 billion pulled out by February 21, largely due to rising trade tensions between the U.S. and China. Investors are anxious about new import tariffs and the lack of resolutions. Despite this short-term dip, experts suggest that Bitcoin ETFs are still strong long-term investments, ...
The Grayscale Bitcoin Trust (GBTC) is facing significant outflows, losing over $21 billion since becoming a spot ETF in January 2024, making it the only U.S. Bitcoin ETF experiencing negative net inflows. In contrast, BlackRock’s iShares Bitcoin Trust (IBIT) has seen immense demand, capturing nearly $36 billion in inflows. Despite GBTC’s struggles, the overall Bitcoin ...
The Grayscale Bitcoin Trust (GBTC) has experienced over $21 billion in withdrawals since its launch in January, making it the only U.S. spot Bitcoin ETF with a negative net investment flow. Averaging nearly $90 million in daily losses for the past 11 months, GBTC’s total outflows reached $21.045 billion by mid-December. In contrast, nine other ...
