Bitcoin (BTC) ETF shows net outflows as BlackRock’s purchases of IBIT and other products slow.

According to data Ten spot Bitcoin ETFs (including GBTC) recorded net outflows of $158 million on Wednesday, as compiled by Bloomberg Intelligence analyst James Seyffart. Of course, daily routines can be fickle. The total amount of Bitcoin held by all spot ETFs (including GBTC) as of Jan. 24 was 642,458, down more than 18,000 from 660,540 a week earlier, according to figures compiled by CoinDesk from the issuer’s website.