GBTC has accumulated net outflows of over US$17.6 billion since the launch of the Bitcoin spot ETF.
According to news on May 12, according to data from Farside Investors, since the launch of the Bitcoin spot ETF, GBTC has experienced a cumulative net outflow of US$17.6329 billion. According to Coinglass data, GBTC assets under management fell to $17.647 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone