Bitcoin

Grayscale Bitcoin Trust

<p>The post <a href="https://coinpedia.org/crypto-live-news/grayscale-records-over-20b-outflows-from-bitcoin-and-ether-etfs/">Grayscale Records Over $20B Outflows from Bitcoin and Ether ETFs</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Grayscale Investments has recorded over $20.4 billion in outflows from its spot Bitcoin and Ether ETFs combined. The Grayscale Bitcoin Trust ETF (GBTC) has lost an average of approximately $137.7 million daily in almost seven months since its launch. As of July 29, GBTC recorded total outflows of $18.86 billion. In contrast, all other nine spot Bitcoin ETFs maintain a positive balance. BlackRock’s iShares Bitcoin Trust (IBIT) tops the leaderboard with the highest investment. The Ether fund lost $1.72 billion in five days, bringing Grayscale’s total crypto ETF outflows to $20.58 billion.&nbsp;</p>

Grayscale Records Over $20B Outflows from Bitcoin and Ether ETFs

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