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BTC likely to end January with 5th straight month of gains... longest since 2021/3

BTC likely to end January with 5th straight month of gains... longest since 2021/3

Bitcoin is on track to end January with a fifth straight month of gains, Bloomberg reports. That would be the longest streak of gains since a six-month run from October 2020 to March 2021. "Market sentiment has turned positive as capital outflows from the grayscale GBTC have slowed," said Sean Farrell, head of digital asset strategy at Fundstrat. Year-to-date, 10 BTC spot ETFs have seen net inflows of $8.17 billion, according to Bloomberg data. It was the most successful ETF launch in history in terms of trading and flows, according to Bloomberg.