Bitget App
Trade smarter
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
VanEck Solana ETF listed, US Solana spot ETFs see a single-day total net inflow of $8.26 million
Chaincatcher•2025/11/18 02:53
Uniswap founder: "Uniswap Fee Switch Proposal" temperature check vote has been submitted
Chaincatcher•2025/11/18 02:19
El Salvador increased its holdings by 1,090 BTC one hour ago, bringing its total holdings to 7,474.37 BTC.
BlockBeats•2025/11/18 01:54
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,313.55
-3.78%
Ethereum
ETH
$3,035.98
-3.34%
Tether USDt
USDT
$0.9988
-0.04%
XRP
XRP
$2.15
-3.85%
BNB
BNB
$908.99
-2.22%
USDC
USDC
$0.9997
+0.01%
Solana
SOL
$133.92
-3.35%
TRON
TRX
$0.2918
-0.16%
Dogecoin
DOGE
$0.1532
-4.00%
Cardano
ADA
$0.4663
-4.73%
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