Bitcoin ETF flows were back in the red again on Monday, April 1, following another large outflow from Grayscale.
The aggregate outflow for the eleven spot-based investment products was $85.7 million, or 1,200 BTC, according to preliminary data from Farside Investors.
The net inflow for nine of them was $217.2, but this was not enough to negate the net outflow, which was $302.9 million, predominantly from Grayscale, with a tiny outflow from Ark 21Shares.
April 1 net outflows for U.S. Bitcoin ETFs w/ -$88 million, primarily due to -$303m outflow by $GBTC $IBIT $FBTC $ARKB $BITB $BRRR $BTCO $HODL $EZBC $BTCW pic.twitter.com/JO1YlDy1UL
— HODL15Capital (@HODL15Capital) April 2, 2024
ETF Flow Trend Change
The move reverses a five-day trend of inflows that saw $845 million on aggregate entering spot Bitcoin ETFs in four days last week (March 29 was a US holiday).
Between March 18 and 22, there was $890.7 million in aggregate outflows caused by large numbers leaving Grayscale and low inf
We współpracy z: https://cryptopotato.com/spot-bitcoin-etf-flows-flip-negative-again-as-markets-retreat/
