ETF outflows slow, bitcoin price recovery ‘just a matter of time,’ analyst says

Bitcoin has struggled following the launch of spot ETFs, but selling could soon slow as firms like BlackRock continue to accumulate.

Outflows from Grayscale’s GBTC spot bitcoin exchange-traded fund (ETF) slowed yesterday to $515 million, down from more than $640 million the day before, according to Bloomberg Intelligence analyst James Seyffart.

Source - The Street Crypto

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