On March 1st, the net outflow of Bitcoin spot ETF was approximately $140 million

On March 2nd, according to Farside Investors data, the net outflow of Bitcoin spot ETF was approximately $140 million yesterday. Among them, Grayscale GBTC had a net outflow of $492 million, while BlackRock's IBIT had a net inflow of $225 million. Bloomberg analyst James Seyffart stated that the significant outflow from GBTC is related to Genesis and Gemini reaching a principle settlement with other creditors in the bankruptcy case.