US spot bitcoin ETFs report 5 straight days of outflows, totaling $635 million
On Tuesday, US spot bitcoin-exchange-traded funds (ETFs) recorded a fifth consecutive day of net outflows, recording a record negative outflow of $161.6 million. Over the past two days, Grayscale Bitcoin Trust (GBTC) has shed 1,731.56 BTC, reducing its reserves to 296,713.90 BTC. Bitcoin ETFs continue to see steady outflows since April 24, 2024. […]
