On Thursday, January 23, 12 US exchange-traded funds that trade bitcoin recorded a net inflow of $188,65 million. This is the lowest figure since the beginning of the week. On Monday, January 20, the inflow exceeded $1 billion. Let us recall that Donald Trump was inaugurated on that day.
BlackRock's IBIT saw the most inflows on Thursday, according to SoSoValue data, marking the fifth day in a row that the fund has led other funds in inflows. bitcoin ETF . The next best was Bitwise's BITB, which raised $42,15 million.
Even more modest results were shown by Invesco Galaxy’s BTCO (around $12,38 million), Grayscale’s Mini Bitcion Trust ($11,9 million), Fidelity’s FBTC ($9,16 million), and ARKB’s ARK and 21Shares ($8,35 million).
The only Bitcoin - the fund that recorded an outflow was Grayscale's GBTC. On Thursday, investors withdrew almost $49,94 million from it. Five other crypto exchange-traded funds reported zero results.
January 23 total trading volume bitcoin ETF reached $9,59 billion, the second-highest level in the funds' history, behind only the peak of $10,39 billion recorded on March 5, 2024.
Decrease in the inflow of funds bitcoin ETF came on the day President Donald Trump signed an executive order to create a digital asset task force. Its wording did not meet the expectations of crypto market participants.
