📢 Breaking News 📢
Since the launch of the ETF, GBTC has witnessed a total outflow of 51,582 BTC, equivalent to over $2.2 billion. In contrast, all other spot ETFs combined experienced an inflow of $448 million yesterday, while GBTC alone saw an outflow of $579.6 million.
This significant outflow from GBTC has contributed to a consistent selling pressure, impacting the overall market trend.
It's crucial to note that despite the influential accounts on X, none highlighted the GBTC situation, focusing instead on spreading hype and false optimism.
Always conduct your own research and closely monitor the market to make informed decisions.