CoinShares: Cryptocurrency Investment Products See Net Outflow of $424 Million This Week

2025-10-21 07:09:37 Classification：Blockchain Query read(9)

CoinShares' Head of Research,What are the online virtual currencies James Butterfill, posted on X platform, stating that as of the close on January 16, 2024, the net outflows from cryptocurrency investment products for the week have reached $424 million. This shift reflects investors moving towards more cost-effective U.S.-based funds.

Specifically, Grayscale Bitcoin Trust (GBTC) has seen outflows of $1.18 billion since the launch of spot-based ETFs. Meanwhile, there has been an outflow of $141 million from ProShares Bitcoin Strategy ETF (BITO) this week. At the same time, newly issued U.S. spot Bitcoin ETFs have attracted inflows of $2 billion.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.