The newly issued Bitcoin spot ETF has attracted a capital inflow of 2 billion US dollars
2024/01/17 08:46
CoinShares research director James Butterfill wrote on the X platform that as of this week ending January 16, 2024, investors have shifted funds to lower-cost US funds, resulting in a net outflow of $424 million.
Since the launch of ETFs based on Bitcoin
spot trading, there has been an outflow of $1.18 billion from Grayscale Bitcoin Trust (GBTC). This week,
Bitcoin futures ETF (BITO) also saw an outflow of $141 million. At the same time, newly issued US Bitcoin spot ETFs have attracted inflows of $2 billion.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Ethereum Foundation: Mainnet Prysm client malfunction requires node reconfiguration
Chaincatcher•2025/12/04 07:18
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$93,150.16
+0.13%
Ethereum
ETH
$3,179.31
+3.91%
Tether USDt
USDT
$1
+0.01%
XRP
XRP
$2.17
-1.05%
BNB
BNB
$909.18
+1.43%
Solana
SOL
$143.71
+1.20%
USDC
USDC
$1.0000
+0.00%
TRON
TRX
$0.2801
-0.03%
Dogecoin
DOGE
$0.1497
-0.57%
Cardano
ADA
$0.4502
+1.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now