Bitcoin ETF

Bitcoin

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Bitcoin exchange-traded funds (ETFs)&nbsp;<a href="https://x.com/spotonchain/status/1777912475696140781?s=46&amp;t=dYF0hpz-gFc8HcetSehFUQ" rel="noopener noreferrer nofollow">recorded</a> yet another day of outflows on Apr. 9.&nbsp;
For comparison, Bitcoin ETFs logged $224.8 million worth of outflows the day before.&nbsp;
Grayscale’s GBTC, of course, is responsible for another day in the red. The ETF recorded a whopping $154.9 million worth of outflows on Tuesday. However, it is still not as dramatic as the $303 million loss that Grayscale recorded on Monday.&nbsp;
BlackRock’s impressive inflows worth of $128.7 million weren’t enough to offset Gradycale’s outflows. However, it’s inflows remain below the 28-day average inflow of $277 million.&nbsp;
Bitwise and Fidelity managed to record only minor inflows ($3.8 million and $3 million, respectively).&nbsp;
Bitcoin (BTC) is currently sitting just below the $70,000 level on major exchanges.&nbsp;
As&nbsp;<a href="https://u.today/bitcoin-etf-issuers-to-face-legal-nightmare-peter-schiff-predicts" rel="noopener noreferrer nofollow">reported by U.Today</a>, cryptocurrencies naysayer Peter Schiff recently predicted that Bitcoin ETF issuers would face serious legal troubles due to the potential losses of buyers.&nbsp;
Meanwhile, the Securities and Futures Commission of Hong Kong is preparing to announce the list of spot Bitcoin ETFs on Apr. 16.&nbsp;

Bitcoin ETFs Record Another Day of Outflows

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