On March 1st, the net outflow of Bitcoin spot ETF was approximately $140 million

Bitget App

Trade smarter

2024/03/02 06:53

On March 2nd, according to Farside Investors data, the net outflow of Bitcoin spot ETF was approximately $140 million yesterday. Among them, Grayscale GBTC had a net outflow of $492 million, while BlackRock's IBIT had a net inflow of $225 million. Bloomberg analyst James Seyffart stated that the significant outflow from GBTC is related to Genesis and Gemini reaching a principle settlement with other creditors in the bankruptcy case.

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month

AIsa's cumulative transaction count on the x402 network has surpassed 10.5 million, making it the largest transaction contributor in the x402 ecosystem.