Data: The issuer of the US spot Bitcoin ETF increased its holdings by 10,667 Bitcoins on the 5th trading day

ChainCatcher news, according to Cointelegraph, as trading volume increases, U.S. Bitcoin spot ETF issuers have net purchased 10,667 Bitcoins on the 5th trading day. Data compiled by CC15Capital on January 17 shows that as of the market close that day, their net Bitcoin holdings increased by $440 million. Among them, BlackRock's ETF accounted for the majority, with a net purchase of 8,700 BTC, worth nearly $358 million.

Data also shows that 9 ETFs (excluding Grayscale) have purchased nearly 68,500 BTC since their launch, currently valued at about $2.8 billion. Bitcoin purchases related to ETFs were partially offset by outflows from the Grayscale Bitcoin Trust (GBTC), which sold 10,824 BTC, worth approximately $445 million. Since GBTC converted to a spot ETF on January 11, nearly 38,000 BTC have flowed out.

Meanwhile, data shared by Bloomberg ETF analyst Eric Balchunas shows that as of the fifth trading day, the daily trading volume of spot Bitcoin ETFs, excluding GBTC, surged by 34%.