
VOLEX PLC LS -,25 stock forum

Maybe people who bought the ETF withdrew and then turned around and bought btc directly so they could own the keys.
"The weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what's now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they've not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust"
Coindesk