Osprey Bitcoin Trust Drops With Bitcoin Nears $60,000 Again
Osprey Bitcoin Trust fell 2.6% to $20.44 in midday trading Thursday as Bitcoin hovered near $63,447 after touching a three-month low of $61,503. U.S. spot Bitcoin ETFs posted $396.6 million in net outflows on June 3, following larger outflows earlier in the week, according to Farside Investors. BlackRock’s and Bitwise’s Bitcoin funds also declined about 2.4%.