According to PANews, on July 5th, there was a significant movement of capital in several cryptocurrency funds. Grayscale GBTC, a well-known digital currency investment product, experienced a net outflow of $28.6 million. On the other hand, Fidelity FBTC saw a net inflow of $117.4 million.
Other funds also reported substantial net inflows. Bitwise BITB recorded a net inflow of $30.2 million, ARK ARKB had a net inflow of $11.3 million, and VanEck HODL reported a net inflow of $12.8 million. These movements indicate a dynamic shift in the investment landscape of digital currencies.
It's important to note that these figures represent the net movement of capital, which is the difference between the inflows and outflows of funds. These movements can provide insights into the overall sentiment of investors towards these digital currency investment products.