Today, 9 spot Bitcoin ETFs reduced their holdings by 4,413 BTC, equivalent to approximately US$295 million
According to Lookonchain data, on March 21, 9 Bitcoin spot ETFs reduced their holdings by 4,413 BTC, resulting in a net outflow of approximately US$295 million. Among them, Grayscale’s GBTC reduced its holdings by 6,899 BTC, equivalent to approximately US$462 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will APT’s price clear $0.87 after Aptos’s launch of Block-STM v2 upgrade?
Sui integrates Alibaba Cloud for AI payments, price eyes $1.40 target
Wall Street sets the midterm election price: Democratic Party factors surge 20%, but the market remains in a "blind zone"
The "Democratic Factor" built by JPMorgan has risen by about 20% since August, while the S&P 500 has only increased by 2.6% over the same period. Prediction platforms show that the probability of Democrats winning both chambers has surged from 23% in August to 64%. Historical data from Goldman Sachs indicates that this probability typically falls by about 5 percentage points on average before Election Day. There is a clear split among institutions: JPMorgan advocates buying on dips, while Bank of America warns that a Democratic sweep could lead to a drop of more than 10% in the stock market.
Crypto prices
More
