Major asset management firms reported significant outflows in Bitcoin ETFs following over $3 billion in inflows since Oct. 23. On Nov. 1, BlackRock’s IBIT showed no change, while Grayscale’s GBTC decreased by $5.5 million. By Nov. 4, BlackRock’s IBIT registered an inflow of $38.4 million, whereas Grayscale’s GBTC saw an outflow of $63.7 million. Companies […]
The post Bitcoin ETFs see $540 million outflow amid increased US Election volatility appeared first on CryptoSlate.
Originally appeared here:
Bitcoin ETFs see $540 million outflow amid increased US Election volatility