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Bitcoin ETF snapshot: Outflows strike last week as BTC price uptrend stalls

From blockworks.co

US spot bitcoin ETFs saw net outflows last week, an occurrence seen just twice before over such a span since such funds launched three months ago. The 11-fund category bled $83 million in assets from April 8 to April 12, according to BitMEX Research data — down from net inflows of $485 million the week prior. Spot bitcoin ETFs have collectively welcomed $12.5 billion in positive flows to their coffers since Jan. 11. The Grayscale Bitcoin Trust ETF (GBTC) has been the only US BTC fund to see consistent outflows, watching $767 million leave last week, the data shows. Asset-gathering leaders — BlackRock’s iShares ... (full story)

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