Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph

Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]