Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

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