Cover

Daily record from spot Bitcoin ETF issuers

While spot Bitcoin ETFs traded on US exchanges are preparing for the ninth trading day, new data about the last session is coming to light. According to the post of market tracker Lookonchain, the largest BTC fund, Grayascale Bitcoin Trust (GBTC), disposed of 536 thousand BTC on January 23.

According to the table, while purchases continue in nine of the ten different spot ETFs traded, only the GBTC fund has a negative trend. Experts state that investors who previously purchased the fund, which was once traded at a discount rate of nearly 40 percent, took profits. The total amount of BTC purchased by eight other funds, except Grayscale, reached 113 thousand, breaking a record in the January 23 session. The daily purchase of iShares Bitcoin Trust (IBIT), issued by BlackRock, the world's largest asset manager, reached 44 thousand BTC.

When Spot Bitcoin exchange traded funds are examined one by one, it is seen that the tokens added to their portfolio on a daily basis by all of them (except Grayscale) have reached a record level.

Share this content:

BitCryptoTech | 2023

RSS