Bitcоin

GBTC Outflows Over $100 Million Drag Bitcoin (BTC) Price Down By 3.5%

Investor interest in Bitcoin continues to remain subdued with Bitcoin ETFs witnessing a second consecutive day of outflows on Friday, May 10. Outflows from the Grayscale Bitcoin ETF seem to be stopping nowhere. On Friday, GBTC reported another $100 million in outflows, with the total outflows across all 11 Bitcoin ETFs crossing $84 million.

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