The post Bitcoin ETF Sees $149 Million Outflow Despite Grayscale’s GBTC Inflow of $13.5 Million appeared on BitcoinEthereumNews.com.

On January 10, recent data from SoSoValue revealed a significant net outflow of $149 million in the Bitcoin spot ETF. In contrast, Grayscale’s GBTC ETF experienced a modest net inflow of $13.5116 million, bringing its historical net outflow to a staggering $21.567 billion. Meanwhile, the Grayscale Bitcoin Mini Trust ETF recorded no net outflow yesterday, with a total net inflow amounting to $0.924 billion. Notably, the Fidelity ETF (FBTC) led the market with the highest net inflow of $16.5656 million, totaling an impressive $12.157 billion in inflows to date. Currently, the total net asset value of the Bitcoin spot ETFs stands at $107.639 billion, while the net asset ratio—a measure of market value relative to total Bitcoin value—is at 5.74%. Cumulatively, net inflows across all Bitcoin ETFs have reached approximately $36.216 billion, underlining the ongoing interest in these investment vehicles. Source: https://en.coinotag.com/breakingnews/bitcoin-etf-sees-149-million-outflow-despite-grayscales-gbtc-inflow-of-13-5-million/

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Filed under: News - @ January 11, 2025 5:10 am