exchange-traded funds registered cumulative outflows of $4.3 million on Thursday, extending the four-day run of withdrawals ahead of the supposedly bullish mining reward halving.
For instance, on Thursday, GBTC alone saw a significant loss of $90 million in outflows, which was partially offset by inflows into Fidelity's FBTC and BlackRock's IBIT. BlackRock's IBIT attracted just $18.8 million on Thursday, down 93% from the monthly high of $308.8 million on April 5.
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Source: Cointelegraph - 🏆 562. / 51 Read more »