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U.S. Bitcoin ETFs show notable shifts in their holdings, illustrating dynamic investment trends within the cryptocurrency sector as of July 04, 2024. BlackRock’s IBIT leads with a significant 307,206 BTC and has seen a net inflow of 227 BTC, suggesting growing confidence among institutional investors.
Grayscale’s GBTC, however, experienced a slight decrease, showing a net outflow of 11 BTC from its holdings of 275,260 BTC. This contrasts with Fidelity’s FBTC ETF, which added 88 BTC, bringing its total to 168,578 BTC, indicating rising interest from traditional financial sectors.
ARK Invest’s ARKB and VanEck’s HODL also reported positive inflows, with 200 BTC and 85 BTC respectively, reflecting continued investor interest. On the flip side, Bitwise’s BITB saw a net outflow of 109 BTC.
Overall, these ETFs hold a combined total of 866,921 BTC valued at approximately $49.2 billion, with a net inflow of 480 BTC or about $27.2 million in value. This data not only reflects the dynamic nature of Bitcoin investments within ETF structures but also underscores the significant capital allocation to Bitcoin in the investment landscape.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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