All Bitcoin ETFs See Positive Cash Flow for the First Time Ever

May 07, 2024

Bitcoin exchange-traded funds (ETFs) experienced a positive cash flow for the first time ever, with investors putting more money into Grayscale's Bitcoin Trust (GBTC) than withdrawing from it. This turnaround comes after weeks of outflows and a significant drop in interest from investors. The collective Bitcoin ETF market saw a total of $378 million enter on Friday, marking a remarkable shift in sentiment.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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