$BTC
đ„Bitcoin's price has steadily fallen since U.S. spot Bitcoin ETF approvals on Jan. 11 Sou
Cointelegraph Markets Pro
đ„JPMorgan's note comes after the ten approved spot Bitcoin ETFs saw a net outflow of $158 million on Jan. 24, the largest net outflow day since launch, per BitMEX research data shared on social media platform X on Jan. 25.
đ„Here is the chart for day 9, with all data outDay 9 was pretty weak for Blackrock, with +$66mFidelity performed well: +$126m
pic.twitter.com/2VzTpZWOKx
â BitMEX Research (@BitMEXResearch)
January 25, 2024
đ„đ„Grayscale's ETF saw $429 million in outflows on Jan. 24, while the most recent BitMEX data for Jan. 25 shows outflows dropped to $394 million - its second-lowest outflow day on record.
