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 issuers added another net 10,667 Bitcoin (BTC) to their crypto stacks as of their fifth trading day amid increasing trading volumes.
Data compiled by X 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 most of this, with 8,700 BTC net gained — 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.
