Bitcoin Surge Boosts BlackRock’s IBIT and Bitwise’s BITB ETFs While Grayscale’s GBTC Sees Net Outflows
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The recent increase in Bitcoin prices has significantly impacted spot Bitcoin Exchange-Traded Funds (ETFs). Specific funds, such as BlackRock’s IBIT and Bitwise’s BITB, have reported notable net inflows. Conversely, Grayscale’s GBTC has seen net outflows during this period.
These changes highlight the differing performance of Bitcoin-related ETFs in response to market fluctuations. While some funds benefit from Bitcoin's price rise, others like Grayscale struggle.
Source: en.coinotag.com ↗
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