BTC-Spot ETF Market Sees a Second Week of Net Outflows
BTC-spot ETF market flow data reflected the effects of the Fed and intensifying tensions in the Middle East. Significantly, demand for BTC-spot ETFs weakened as investors awaited the Bitcoin Halving.
In the week ending April 19, the BTC-spot ETF market saw total net outflows of $204.3 million, up from total net outflows of $82.8 million in the previous week. According to Farside Investors,
- Grayscale Bitcoin Trust (GBTC) saw total net outflows of $458.4 million in the week ending April 19. GBTC saw total net outflows of $766.6 million in the previous week.
- Fidelity…
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