{"id":972,"date":"2024-04-19T08:20:34","date_gmt":"2024-04-19T08:20:34","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/19\/grayscales-bitcoin-etf-sees-1-6-billion-in-outflows-just-before-halving\/"},"modified":"2024-04-19T08:20:34","modified_gmt":"2024-04-19T08:20:34","slug":"grayscales-bitcoin-etf-sees-1-6-billion-in-outflows-just-before-halving","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/19\/grayscales-bitcoin-etf-sees-1-6-billion-in-outflows-just-before-halving\/","title":{"rendered":"Grayscale&#8217;s Bitcoin ETF sees $1.6 billion in outflows just before halving."},"content":{"rendered":"<p>Fidelity\u2019s FBTC net inflows totaled $37.3 million, surpassing BlackRock\u2019s IBIT with $18.7 million, in a rare event on April 18 in the spot BTC ETF market. This marked the first time BlackRock faced competition from a competitor for inflows. Despite Grayscale&#8217;s AUM being less than $20 billion, BlackRock maintains over $17 billion in investor demand.<\/p>\n<p>Many experts, including Bloomberg\u2019s Eric Balchunas, attributed the significant GBTC exits to ongoing bankruptcy proceedings such as FTX and Genesis. Additionally, observers have pointed out Grayscale\u2019s industry-high fund fee of 1.5% as another contributing factor to the liquidations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity\u2019s FBTC net inflows totaled $37.3 million, surpassing BlackRock\u2019s IBIT with $18.7 million, in a rare event on April 18 in the spot BTC ETF [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[320],"tags":[],"class_list":["post-972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-virtual-currency-funds"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=972"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/971"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}