Bitcoin ETF and GBTC experience net outflow of $300 million, causing Bitcoin to briefly drop below $66,000.

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Bitcoin ETF experiences net outflow again after five days of inflows
Bitcoin and Ether both drop below 66K and 3.5K, respectively
Ether spot ETF approval probability surpasses 99%
Bitcoin ETF experiences net outflow again after five days of inflows
Farside Investors
Data shows that Bitcoin spot ETF has ended its four-day streak of net inflows, with a total net outflow of -85.7 million USD on April 1st.
The ETF data from various companies are as follows (from high to low):
Grayscale GBTC: -302 million USD
Ark Invest ARKB: -300 thousand USD
BlackRock IBIT: 165 million USD
Fidelity FBTC: 44 million USD
The net inflows of other ETFs did not exceed tens of millions of USD.
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Bitcoin and Ether both drop below 66K and 3.5K, respectively
Bitcoin rose to 71,400 USD in the early morning of April 1st, but dropped to a low of 66,687 USD (-8%) on the morning of April 2nd.
Ether, on the other hand, fell to 3,313 USD and was at 3,382 USD at the time of writing.
(
Upbit, a Korean exchange, sees a 73% monthly decrease in trading volume. Is the competition for alternative coins reaching its peak?
)
BTC 1H|OKX
Ether spot ETF approval probability surpasses 99%
James Seyffart stated on April Fool’s Day that Bloomberg analysts have increased the probability of Ether ETF approval to 99%, but it was just a joke.
He mentioned that the chances are still very low and apologized to Ethereum supporters.
GBTC
Ether
Bitcoin
Net outflow
Further reading
US manufacturing recovery affects interest rate expectations, causing Bitcoin to briefly drop to 68K
Coinbase Research Director: Institutional ETF observation period ends, Q2 expected to see a large influx of Bitcoin ETFs.