On November 26th, COINOTAG News reported significant movements in the Bitcoin spot ETF market, as reflected in the latest data from Farside Investors. The overall market experienced a notable net outflow of $435.3 million. Specifically, the BlackRock IBIT ETF demonstrated resilience with a net inflow of $267.8 million, showcasing investors’ confidence in its performance. In contrast, the BITB ETF faced a challenging day with a net outflow of $280.7 million, indicating potential market concerns. Additionally, the Grayscale Bitcoin Trust (GBTC) also reported losses, experiencing a net outflow of $158.2 million. These figures underscore the dynamic nature of the cryptocurrency investment landscape and the varying investor sentiment towards different financial products within the sector.
Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-experiences-435-3-million-outflow-despite-blackrock-ibits-267-8-million-inflow/