Bitcoin ETFs (BTC) See Net Inflows for First Time in a Week

Even taking into account slowing but still sizable net outflows at the Grayscale Bitcoin Trust (GBTC), the ETF issuers as a whole added more than 4,200 bitcoin to their holdings worth roughly $183 million yesterday. Last week, daily flows were continuously negative on a daily basis, with roughly 20,000 bitcoin leaving the funds from Jan. 23 to Jan 26. The last previous net inflow day was Jan. 22, when the spot funds as a group added just over 1,200 bitcoin.

Source: https://www.coindesk.com/markets/2024/01/30/bitcoin-price-nears-44k-as-etfs-see-net-inflows-for-first-time-in-a-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines