US spot Bitcoin ETFs see $103.5M net outflow, marking 5th straight day

U.S. spot Bitcoin ETFs recorded a total net outflow of $103.5 million on Jan. 23, marking the fifth consecutive day of outflows, according to data from Farside Investors. The outflows were led by BlackRock's IBIT, which saw a withdrawal of $101.6 million, while Fidelity's FBTC experienced an outflow of $1.9 million.