US Bitcoin spot ETFs see $394.7M net outflow on Jan. 16

U.S. Bitcoin spot ETFs recorded a total net outflow of $394.7 million on Jan. 16, ending a four-day streak of net inflows, according to data from Farside Investors. Flows for the day were as follows: - BlackRock (IBIT): +$15.1 million - Fidelity (FBTC): -$205.2 million - Bitwise (BITB): -$90.4 million - Ark Invest (ARKB): -$69.4 million - Grayscale (GBTC): -$44.8 million