@everyone



**Bitcoin Stagnates Due to ETF Outflows Surpassing Rp28 Trillion**

Bitcoin (BTC) remains stagnant at US$89,000 over the past 3 days, according to CoinMarketCap, Saturday (24/01).

However, the catalyst is attributed to outflows (outflow) from ETFs since January 16, reaching more than US$1.7 billion or Rp1.7 trillion.

Furthermore, in the combined outflows of January 16 and January 23, Fidelity Wise Origin Bitcoin Fund (FBTC) led outflows with US$654 million, while BlackRock's iShares Bitcoin Trust ETF (IBIT) had around US$535 Million.

Then, there is Grayscale Bitcoin Trust (GBTC) around US$215 Million, Bitwise Bitcoin ETF (BITB) US$155 Million, and ARK 21Shares Bitcoin ETF (ARKB) S$144 Million.

Finally, VanEck Bitcoin (HODL) outflows amounted to US$12 Million, and Franklin Bitcoin ETF (BTC) US$10 Million. Additionally, there is Coinshares Bitcoin ETF (BRRR) worth US$3 Million.

Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR)

Image Source: Akademi Crypto
BTC-0,16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)