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On September 10, 2024, the net flow of Bitcoin across various U.S. ETFs revealed some intriguing dynamics. Fidelity’s FBTC showed a significant net inflow, gaining 503 BTC, indicating strong investor interest or strategic accumulation. Similarly, Bitwise’s BITB saw a substantial increase with a net inflow of 386 BTC.
Conversely, Grayscale’s GBTC experienced a notable net outflow of 424 BTC, possibly due to investors reallocating assets or taking profits. BlackRock’s IBIT also recorded a net decrease, losing 159 BTC on the day.
ARK Invest’s ARKB added 120 BTC, suggesting continued confidence from its investors. Other ETFs such as Valkyrie’s BRRR, VanEck’s HODL, Invesco’s BTCO, and Franklin Templeton’s EZBC saw no change in their holdings, indicating a stable investment day for these funds.
The total Bitcoin holdings across these ETFs amounted to 897,459 BTC, with an overall net flow of -268 BTC for the day, translating to a loss of approximately $15.2 million based on current market values. This snapshot reflects the fluctuating sentiment and strategies in the Bitcoin ETF sector, providing insights into the broader investment trends in the cryptocurrency market.
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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