Bitcoin (BTC) ETFs Show Net Outflows as Buying at BlackRock’s IBIT and Others Slow

Date:

Share post:



Bitcoin (BTC) ETFs Show Net Outflows as Buying at BlackRock's IBIT and Others Slow

According to data collected by Bloomberg Intelligence analyst James Seyffart, the 10 spot bitcoin ETFs (GBTC included) saw a net outflow of $158 million on Wednesday. Day-to-day flows can, of course, be mercurial. Numbers compiled by CoinDesk from the issuers’ websites shows total bitcoin held by all of the spot ETFs (GBTC included) as of Jan. 24 of 642,458 versus 660,540 a week earlier, a decline of more than 18,000 tokens.





Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Ultimate Guide to Finding Cheap Flights to Italy in 2025

6 This post may have affiliate links, where I may receive a commission if you purchase through them....

Use Asset Location to Pay Less in Taxes and Get More Money out of Your Investment Portfolio

Let me tell you a story about difficulties we ran into when implementing asset location in a...

United CEO Thinks Spirit Will Liquidate Assets Following Bankruptcy

Some big names in the airline industry are skeptical that struggling Spirit Airlines will be able...

$50K A Year Is How Much An Hour?

Just got that exciting salary bump? First of all, congratulations on hitting the $50k mark! I know...
Verified by ExactMetrics