Bitcoin ETF: BlackRock Triumphs With $260 Mln Inflow As Grayscale's Total Outflow Exceeds $3 Bln

The immense hype around Spot Bitcoin ETFs hasn’t helped much with their performance since inception. All Bitcoin ETFs have witnessed massive outflows and substantial declines in NAV lately. On Monday, January 22, these ETFs recorded a net outflow for the third time after launch. However, BlackRock‘s IBIT has emerged as a winner in the inflow race with $260 million in inflows while Grayscale’s GBTC has again led the net outflows this time.