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.
All Bitcoin ETFs See Positive Cash Flow for the First Time Ever
May 07, 2024