GBTC's Weekly Outflows Drop to Three-Month Low
Publication Time:2024-09-14 23:16:06
According to the report from Golden Finance, based on the data analysis provided by Arkham, the Grayscale Bitcoin Trust (GBTC) witnessed an outflow of $27.2 million in the recent week. This amount marks a substantial reduction of more than 95% compared to the typical average weekly outflow, and it is the lowest figure since the $570,000 outflow was observed at the start of June this year. This data indicates that investor confidence in GBTC is on the rise, even amidst frequent market fluctuations, with a noticeable positive shift in the trend of capital flow.
Bitcoin Investment
Capital Outflows
Grayscale Bitcoin Trust