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US Spot Bitcoin ETFs See $51.66M Inflows as Grayscale’s GBTC Deals With Outflows Bitcoin.com 27 Jul 2024

US Spot Bitcoin ETFs See $51.66M Inflows as Grayscale’s GBTC Deals With Outflows 📈

Unlike U.S. spot ether ETFs, spot bitcoin ETFs experienced significant inflows, amounting to $51.66 million during Friday's trading session. Four funds recorded this positive movement. In contrast, Grayscale’s Bitcoin Trust (GBTC) faced outflows of $26.55 million. While Grayscale’s spot ether ETF, ETHE, and its spot bitcoin ETF continue to navigate the market, the disparity in inflows and outflows highlights different investor sentiments towards these assets.

Source: news.bitcoin.com ↗