BlackRock’s ETF sucked up the most Bitcoin compared to other funds, while Grayscale’s fund continued to see outflows on trading day five.
Spot Bitcoin exchange-traded fund (ETF) issuers added another net 10,667 Bitcoin (BTC) to their crypto stacks on their fifth trading day amid increasing trading volumes.
Data compiled by X (formerly Twitter) account CC15Capital for Jan. 17 shows that a net $440 million in Bitcoin was added to their holdings at the end of the day. BlackRock’s ETF accounted for the lion’s share of the purchases with 8,700 BTC, worth nearly $358 million.
The data also shows that nine ETFs (excluding Grayscale) have purchased nearly 68,500 BTC since their launch, currently worth around $2.8 billion.
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Source: https://cointelegraph.com/news/spot-bitcoin-etfs-scoop-up-10000-btc-day-5-trading