Grayscale's Bitcoin exchange-traded fund (ETF) experienced another day of significant outflows, with $358.8 million leaving the fund on March 21, following a week of substantial withdrawals totaling $642 million on March 18 alone. However, analysts foresee a potential halt to this trend, attributing the outflows largely to bankruptcies among crypto firms. Eric Balchunas, a senior Bloomberg ETF analyst, suggested that the bulk of these outflows may soon diminish as the fallout from these bankruptcies stabilizes.