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Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

Jamie Redman

08 May 2024

Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other GainsFollowing two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]


Finance
Ark Invest
ARKB
Bitcoin
bitcoin spot ETFs
Blackrock
Crypto
Cryptocurrency
fidelity
GBTC outflows
Grayscale Bitcoin Trust (GBTC)

https://news.bitcoin.com/mixed-fortunes-for-us-bitcoin-funds-as-gbtc-losses-offset-other-gains/

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