Bitcoin spot ETF saw a net outflow of approximately US$140 million on March 1

According to Farside Investors data, yesterday's net outflow of Bitcoin spot ETF was about $140 million, including a net outflow of $492 million from Grayscale GBTC and a net inflow of $225 million from BlackRock IBIT. Bloomberg analyst James Seyffart said that the large outflow from GBTC is related to the settlement reached by Genesis and Gemini with other creditors in the bankruptcy case.