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2024-06-11 07:16:17

Bitcoin ETFs See Major Outflows Led by Grayscale’s GBTC Amid Market Uncertainty

Bitcoin investment funds in the U.S. faced significant net outflows on June 10, breaking a 19-day streak of continuous inflows. Eleven spot Bitcoin ETFs experienced a collective outflow of $64.93 million, with Grayscale’s GBTC fund seeing the largest withdrawal of $40 million. Invesco’s BTCO and Galaxy Digital’s funds were also affected, each facing substantial redemptions

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