On Friday, April 26, outflows persisted, totaling $83.6 million, with Grayscale’s GBTC seeing a slowed outflow compared to previous days. Notably, Ark 21Shares’ ARKB was the only ETF with inflows. The ARKB Bitcoin ETF saw a modest inflow of $5.4 million. Overall, the week showcased a gigantic outflow of $328 million.
What’s Next For Spot BTC ETFs?
During a huge selloff in the crypto market, speculations regarding the future of Bitcoin ETFs have emerged. This follows a recent report indicating a fresh decline in the investment vehicle. Particularly alarming is the recent announcement from the Deposit Trust Company (DTCC) regarding the valuation of collateral for ETFs containing BTC or other cryptocurrencies, sparking unease among investors.
The landscape of U.S….
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