On April 1, outflows from the Grayscale Bitcoin Trust (GBTC) reached $302.6 million, while inflows from BlackRock’s IBIT and Fidelity’s FBTC were $165.9 million and $44 million respectively. This resulted in a net outflow of $85.7 million. 

Bitcoin is down today. Crypto is down more. This is directly correlated to the ETF in/outflows- Study the ETF to learn what is happening daily!