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Director of CoinShares: The main reason for the two-day net outflow of Bitcoin ETF is the increase in grayscale fund outflow and the decline in ETF d

Director of CoinShares: The main reason for the two-day net outflow of Bitcoin ETF is the increase in grayscale fund outflow and the decline in ETF d

CointimeCointime2024/03/20 08:12
By:Cointime

James Butterfill, research director at CoinShares, wrote on X platform that the net inflow of Bitcoin spot ETFs has been negative for the second consecutive day, due to the increase in outflow of Grayscale funds and the decrease in demand for new ETFs in the United States.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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