Thursday 05/02: #Bitcoin Spot ETF Flow Update of Wednesday 05/01, after 77 trading days: the bigget total net outflow so far!
- The Nine Outflow: $397m
- GBTC Outflow: $167m
- Total Daily Net Outflow: $564m
$GBTC outflow back above $100m. Unexpected that we still have such a daily amount in May.
On The Nine, Blackrock had the first outflow day and the outflow leader was Fidelity with $191m outflow.
It is clear that many retailers who bough the ETFs have sold their position.
(HODLing) Bitcoin is not for everyone!
@alexottabtc