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US Bitcoin Spot ETF Sees $457.93 Million in Net Outflows Amid Mixed Investor Activity
The post US Bitcoin Spot ETF Sees $457.93 Million in Net Outflows Amid Mixed Investor Activity appeared on BitcoinEthereumNews.com. In a recent report from COINOTAG on January 28th, substantial net outflows from the US Bitcoin spot ETF have been noted, totaling $457.93 million. This includes varied contributions from major players in the market. Notably, the BlackRock IBIT attracted a net inflow of $63.47 million, signifying continued institutional interest. Conversely, the Grayscale GBTC suffered a net outflow of $108.5 million, which raises questions about investor sentiment towards the asset. Additionally, Fidelity FBTC faced significant outflows totaling $268.6 million, while ARKB reported a net outflow of $50.1 million. Smaller withdrawals were also seen from HODL with $5.7 million. These figures suggest a complex landscape for cryptocurrency investments as market dynamics continue to evolve. Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-sees-457-93-million-in-net-outflows-amid-mixed-investor-activity/
The post US Bitcoin Spot ETF Sees $457.93 Million in Net Outflows Amid Mixed Investor Activity appeared on BitcoinEthereumNews.com.
In a recent report from COINOTAG on January 28th, substantial net outflows from the US Bitcoin spot ETF have been noted, totaling $457.93 million. This includes varied contributions from major players in the market. Notably, the BlackRock IBIT attracted a net inflow of $63.47 million, signifying continued institutional interest. Conversely, the Grayscale GBTC suffered a net outflow of $108.5 million, which raises questions about investor sentiment towards the asset. Additionally, Fidelity FBTC faced significant outflows totaling $268.6 million, while ARKB reported a net outflow of $50.1 million. Smaller withdrawals were also seen from HODL with $5.7 million. These figures suggest a complex landscape for cryptocurrency investments as market dynamics continue to evolve. Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-sees-457-93-million-in-net-outflows-amid-mixed-investor-activity/
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