Bitcoin ETFs see minor net outflows of $100 million as BlackRock acquires 4,080 more Bitcoin
BlackRock adds $160 million in Bitcoin as Grayscale outflows pass $3.96 billion in total.
Bitcoin ETFs in the U.S. saw inflows of around $409 million yesterday as BlackRock recorded a purchase of roughly $160 million Bitcoin by adding a further 4,080 coins to its balance.
Data shared by Bloomberg analyst James Seyffart last night, Jan. 23, revealed $515 million in outflows for Grayscale with $249 million inflow from the other Newborn Nine ETFs. Given the now-released BlackRock data, this confirms that Jan. 23 was a net outflow day for Bitcoin ETFs of around $100 million.
CryptoSlate data below shows the inflows for BlackRock since inception, with 4,080 BTC added on Jan. 23. This brings its total assets under management to around $1.72 billion.
| Day | Date (D-M) | NAV per Share | Shares Outstanding | New Shares | New Shares by NAV | BTC | BRRNY | AUM by BRRNY | New BTC | Inflow by BRRNY Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 23-01 | $22.36 | 70.08M | 11.4M | $260.53M | 44,004 | $39,238 | $1.73B | 4,080 | $160.07M |
| 7 | 22-01 | $22.86 | 58.68M | 8.44M | $201.47M | 39,925 | $40,116 | $1.60B | 6,494 | $260.51M |
| 6 | 19-01 | $23.87 | 50.24M | 6.24M | $145.53M | 33,431 | $41,898 | $1.40B | 4,809 | $201.49M |
| 5 | 18-01 | $23.32 | 44M | 15.28M | $371.44M | 28,622 | $40,933 | $1.17B | 3,555 | $145.52M |
| 4 | 17-01 | $24.31 | 28.72M | 8.64M | $212.70M | 25,067 | $42,666 | $1.07B | 8,705 | $371.41M |
| 3 | 16-01 | $24.62 | 20.08M | 15.48M | $386.03M | 16,362 | $43,210 | $707.00M | 4,923 | $212.72M |
| 2 | 12-01 | $24.94 | 4.6M | 4.2M | $111.67M | 11,439 | $43,770 | $500.69M | 8,818 | $385.96M |
| 1 | 11-01 | $26.59 | 400,000 | 400,000 | $10.45M | 2,621 | $46,666 | $122.31M | 2,393 | $111.67M |
| Seed | $26.12 | 228 | $10M | 228 | $10M |
