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
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Chaincatcher•2025/11/30 13:47
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Chaincatcher•2025/11/30 13:24
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
金色财经•2025/11/30 13:13
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
Chaincatcher•2025/11/30 11:46
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,419.49
+0.71%
Ethereum
ETH
$3,029.84
+1.23%
Tether USDt
USDT
$1
-0.02%
XRP
XRP
$2.19
-1.12%
BNB
BNB
$892.09
+1.63%
Solana
SOL
$137.78
+0.68%
USDC
USDC
$1.0000
-0.03%
TRON
TRX
$0.2827
+0.38%
Dogecoin
DOGE
$0.1492
+0.32%
Cardano
ADA
$0.4217
+1.08%
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