GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
January 24, 2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities.
GBTC Sees $556 Million Leave, Bitcoin Prices Slide Beneath $39K
Recent figures indicate a notable decrease in…