Grayscale and Bitwise Experience Significant Net Outflows

According to BlockBeats, on August 30, Farside Investors reported notable net outflows from several major cryptocurrency funds. Grayscale's GBTC saw a net outflow of $22.7 million, while Bitwise's BITB experienced a net outflow of $8.1 million. In contrast, ARK's ARKB recorded a net inflow of $5.3 million. Additionally, Grayscale's ETHE fund witnessed a net outflow of $5.3 million, whereas the Mini ETH fund had a net inflow of $3.6 million. These movements reflect significant shifts in investor sentiment and fund allocations within the cryptocurrency market.