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2024-03-19 12:02:28

therationalroot on Nostr: Giant GBTC outflows, 9.5k #BTC. Since ETF approval, 250,000 BTC have flowed out of ...

Giant GBTC outflows, 9.5k #BTC.

Since ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge.

Nonetheless, large inflows to BlackRock!
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npub1r00t03pv2kxpes5x676xu3j2e0ag8hmmtzv8et0matxg876tnkgsp5sqe8