GRAYSCALE’S GBTC SPOT BITCOIN ETF SEES RECORD $642.5 MILLION DAILY OUTFLOW

Summary from the TLDR Crypto newsletter

Grayscale's GBTC had its largest day of outflows yet, contributing $642.5 million to a total net outflow of $154.4 million across all spot bitcoin ETFs. This occurred despite the $451.5 million inflow into BlackRock's IBIT ETF. The total net inflow into these ETFs currently stands at over $12 billion.