2W
...
On November 7, 2024, the daily net flow of Bitcoin ETFs in the U.S. showed mixed results, with notable inflows and outflows across various funds. Fidelity’s Bitcoin ETF (Ticker: FBTC) led the day with a significant net inflow, gaining 4,064 BTC. Bitwise’s Bitcoin ETF (Ticker: BITB) and ARK’s Bitcoin ETF (Ticker: ARKB) also reported robust inflows of 1,329 BTC and 1,673 BTC, respectively.
Conversely, BlackRock’s Bitcoin ETF (Ticker: IBIT) experienced the largest outflow, losing 971 BTC. Other funds had minor changes, such as Grayscale’s Bitcoin Trust (Ticker: BTC) and VanEck’s ETF (Ticker: HODL) which saw reductions of 9 BTC and 56 BTC, respectively. Valkyrie’s ETF (Ticker: BRRR) and Invesco Galaxy’s ETF (Ticker: BTCO) saw gains of 142 BTC and 667 BTC, indicating targeted investor interest.
Overall, the aggregated holdings of all listed ETFs amounted to 1,001,115 BTC, with a net inflow of 6,838 BTC, translating to an increase in market value of approximately $519.6 million. This reflects a day of significant capital inflow into the Bitcoin ETF sector, underscoring a buoyant market sentiment among investors.
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.
Join CryptoCrunchApp on Telegram Channels – Click to Join