U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest one-day outflows on record, with 10 funds seeing outflows of $326 million on March 19. As of March 19, Grayscale reported that its Bitcoin Trust (GBTC) had more than $23.7 billion in assets under management. If the outflow continues at the current rate, assets could be depleted as soon as the end of July.

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