Bitcoin price slides amid Grayscale ETF sell-off

26 Apr 2024, 5:49 a.m.

Bitcoin price slides amid Grayscale ETF sell-off Bitcoin fell 4% over the past 24 hours, dipping below $65,000 (£51,919) after outflows from Grayscale's exchange-traded fund GBTC hit $130m on Wednesday, and BlackRock paused a 71-day inflow streak into its fund. Read more: Crypto live prices According to Coingecko data, bitcoin (BTC-USD) is currently changing hands for $64,288. Wednesday saw Grayscale's GBTC experiencing outflows of $130.4m, while inflows into other ETFs decelerated, dampening the momentum of the bitcoin bull run. Read …

NEWSCON

Bitcoin price slides amid Grayscale ETF sell-off

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.