Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

The cumulative quantity can also be significantly lower than the U.S.-based spot BTC ETFs’ first-day tally of $655 million. Almost a dozen spot BTC ETFs started trading within the U.S. on January 11 and have pulled in practically $12 billion in investor funds since then. Inflows, however, have recently slowed, stalling bitcoin’s uptrend.