Net inflows in spot Bitcoin exchange-traded funds (ETF) did not slow down despite the sales from Grayscale.
Recent data on spot Bitcoin ETFs gave hope. While cash flow to the funds continued unabated on January 23 total entry is 410 million dollars It was recorded as.
on the other hand Grayscale managed by Grayscale Bitcoin Trust (GBTC) in the background output is 515 million dollars happened. Spot Bitcoin ETFs too Net data for January 23 indicates an outflow of 105 million dollars. corresponded.
The first fund that hosts entries is BlackRock’s iShares Bitcoin Trust (IBIT) happened. IBIT on January 23 Net inflow of 160 million dollars second in testimony Fidelity Bitcoin ETF (FBTC) with $157 million in net inflows fund was included. BlackRock and Fidelity’s head-to-head competition did not go unnoticed.
According to current information, the bankrupt cryptocurrency exchange is behind the biggest sales on GBTC. FTX took place. FTX By selling $1 billion worth of GBTC He disposed of all funds.