📉 **Grayscale Bitcoin ETF GBTC Sees $494.1M Net Outflow**
📉 According to PANews, Grayscale Bitcoin spot ETF (GBTC) witnessed a significant net outflow of approximately $494.1 million on March 11th, as per data monitored by Farside Investors. This marks an increase from the previous day's net outflow of $302.9 million, bringing the total net outflow since January 11th to a staggering $11.047 billion.
💼 In contrast, other funds experienced notable inflows:
- VanEck's HODL fund: $118.8 million
- Bitwise's BITB: $50 million
- Ark 21Shares' ARKB: $13 million
- WisdomTree's BTCW: $5.8 million
📈 Stay tuned for more updates on ETF fund flows!
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