GBTC Sees Net Outflow of $166 Million While IBIT Records $111 Million Inflow

According to BlockBeats, on April 13, data from HODL15Capital revealed that Grayscale Bitcoin Trust (GBTC) experienced a net outflow of $166 million. In contrast, BlackRock's iShares Bitcoin Trust (IBIT) saw a net inflow of $111 million. The data also showed that other spot ETFs, including Fidelity's FBTC, had neither inflows nor outflows on the same day. The only remaining data yet to be published is from Valkyrie's BRRR. However, the overall net outflow situation for April 12 can be confirmed based on the available data. This information provides an insight into the shifting dynamics of the cryptocurrency market, with investors moving their funds between different investment vehicles. The reasons behind these movements can vary, but they often reflect changes in investor sentiment and market conditions.