Leading crypto-specific asset manager Grayscale Investments has lost over $20.4 billion through outflows from its Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to data gathered from Farside Investors, the Grayscale Bitcoin Trust ETF (GBTC) has lost $137.7 million per day on average over the seven months since its conversion from a close-ended fund.
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Radek Zielinski, ReadWriteWeb
Tue, 07/30/2024 - 1:41pm
Topics: grayscale investments ethereum eth trust etf gbtc blackrock s trust ibit fidelity s wise origin fund fbtc cathie wood s ark 21shares etf arkb etf bitb grayscale s ethereum trust ethe steno research aug the ethereum etf mads eberhardt madseberhardt july grayscale ethereum etf aum pseudonymous grayscale btc etf jan trading day eth etf evanss6 evan_ss6 july united states-based crypto readwrite grayscale bitcoin the ethereum etfs farside investors etf grayscale s ethereum trust mads eberhardt ethereum etf eberhardt evanss6 day outflows data funds net outflow spot million exchange-traded occurred derivatives week leading explained x-axis
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