Quick Take Farside data shows that the Bitcoin exchange-traded funds (ETFs) witnessed an outflow of $34.4 million on May 2. Grayscale’s GBTC was the sole ETF to experience outflows, which is an encouraging sign compared to May 1, when all ETFs faced outflows. GBTC saw an outflow of $54.9 million and currently holds 291,248 Bitcoin. […]
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Hong Kong firm invests $38 million in BlackRock’s IBIT, highlighting appeal of US ETFs