Cryptocurrencies

    GBTC sees significant outflows amidst new inflows

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    The Grayscale Bitcoin ETF (GBTC) continues to see large outflows, dominating market news.

    Recently, GBTC witnessed an outflow of $515 million in one day, culminating in a total of $3.96 billion.

    This is a sizeable amount given that the newly introduced group labelled as "newborn 9" saw an inflow of $407 million.

    This marked the close of the eighth day, leaving a substantial net difference.

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