Abele Berube
@abelberu
The week ended with more outflows from exchange traded funds Bitcoin (BTC). Total outflows exceeded $544 million.The three largest funds: Fidelity Wise Origin Bitcoin Fund, Grayscale Bitcoin Trust u ARK 21 Shares Bitcoin ETF, have contributed significantly to this outflow. But not all funds are following this trend. Franklin Bitcoin ETF countered it by raising $1.9M on the same day. This outflow trend is notable, especially since Bitcoin exchange traded funds experienced $580.6 million in outflows last week. What do you think about this trend?
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