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Bitcoin ETFs See Buying Resurgence; 'Mr.100' BTFD As Grayscale Sees First Inflow Since Jan
For the first time since spot bitcoin ETFs were launched, Grayscale's Bitcoin Trust ETF (GBTC) saw a daily net inflow on Friday (of $63 million)... chart GBTC has dominated the outflows since inception (adding up to around $17.5 billion) since the 11 spot ETFs were launched on Jan 11. The inflow coincided with a sudden surge in aggregate net inflows to ETFs overall of $378 million on Friday (which came two days after a record net outflow of $563 million)... chart CoinTelegraph's Ciaran Lyons reports that pseudonymous crypto investor DivXman told his followers that the GBTC was the “primary source” of sell ... (full story)