{"id":10987,"date":"2024-02-03T13:33:29","date_gmt":"2024-02-03T13:33:29","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=10987"},"modified":"2024-02-03T13:33:40","modified_gmt":"2024-02-03T13:33:40","slug":"bitcoin-etf-added-a-total-of-151k-btc-in-january","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-etf-added-a-total-of-151k-btc-in-january\/","title":{"rendered":"Bitcoin ETF Added a Total of 151K BTC in January!"},"content":{"rendered":"
Grayscale Bitcoin Trust (GBTC) sold 132,195 Bitcoin in January, reducing its holdings by 21%. The other nine ETFs grew, adding a total of 151,006 Bitcoin. The total assets of 10 spot Bitcoin ETFs, which increased by 3%, reached 656,421 BTC on January 31st.<\/span><\/div>\n
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You might like: Shrapnel Listed on Epic Games!<\/strong><\/em><\/span><\/a><\/div>\n<\/blockquote>\n
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According to data from BlackRock’s iShares Bitcoin Trust (IBIT), IBIT added 2,712 BTC on the last day of January. However, there is a discrepancy between Arkham Intelligence’s data and IBIT’s statements.<\/span><\/div>\n
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Despite the 10 spot Bitcoin ETFs adding 3% to their total assets in January, the Bitcoin price has fallen by 8% in the last 30 days.<\/p>\n

The launch of spot Bitcoin ETFs in the US is seen as a “sell the news” event, while experts suggest that there could be more pressure in the futures market.<\/p>\n

ARK Invest CEO Cathie Wood stated that the long-term perspective is still promising, while predicting that the short-term approval of spot Bitcoin ETFs would be expected to “sell the news.”<\/p>\n

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Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong><\/a>,\u00a0YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a> for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Grayscale Bitcoin Trust (GBTC) sold 132,195 Bitcoin in January, reducing its holdings by 21%. The other nine ETFs grew, adding a total of 151,006 Bitcoin. The total assets of 10 spot Bitcoin ETFs, which increased by 3%, reached 656,421 BTC on January 31st. You might like: Shrapnel Listed on Epic Games! According to data from<\/p>\n","protected":false},"author":1,"featured_media":10988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1877,534,3255,2093,1096],"class_list":["post-10987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-ark-invest","tag-bitcoin-etf","tag-cathie-wood","tag-gbtc","tag-grayscale"],"yoast_head":"\nBitcoin ETF Added a Total of 151K BTC in January! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"GBTC sold 132,195 Bitcoin in January, reducing its holdings by 21%. 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