US Spot Bitcoin ETFs See $1.6B Net Outflows in January, FBTC and GBTC Lead Withdrawals
US spot Bitcoin exchange-traded funds recorded more than $1.6 billion in net outflows in January, Farside Investors data show. FBTC saw approximately $841.7 million withdrawn, GBTC recorded around $449.5 million in net redemptions, and IBIT posted about $136.5 million of net outflows.