Crypto Blog
Bitcoin ETF flows were back in the red again on Monday, April 1, following another large outflow from Grayscale.
Grayscale has lost 286,381 BTC worth around $19 billion since it converted the fund to a spot ETF in mid-January, and the exodus does not appear to be slowing down.Overall ETF flows and BTC holdings appear to have stabilized in mid-March, with the total at around 833,000 BTC.One of the first was financial planning firm Burkett Financial Services, which reported owning 602 shares of BlackRock’s IBIT fund as of March 31.
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