Despite aggressive selling by the Grayscale Bitcoin Trust ETF, all 10 spot Bitcoin ETFs collectively added nearly 19,000 BTC in January.
Update 12:15 pm UTC, Feb 1: Added the latest publicly reported data from BlackRock’s iShares Bitcoin Trust and corrected the total figures.
The Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) aggressively sold Bitcoin in January, but other ETFs bought significantly more BTC.
According to public holdings data tracked by Cointelegraph, GBTC dumped a total of 132,195 Bitcoin (BTC) in January, reducing its Bitcoin stash by 21% from 619,220 BTC on Jan. 11 to 487,025 BTC on Jan. 31.
Read more
Source: https://cointelegraph.com/news/9-bitcoin-etf-buy-142k-btc-january