Weekly U.S. Bitcoin ETFs Net Flow Analysis

For the week spanning November 11 to November 15, 2024, the U.S. Bitcoin ETFs saw a mixed but overall positive net flow of Bitcoin. BlackRock’s Bitcoin ETF (Ticker: IBIT) led with a substantial net inflow of 24,048 BTC, indicating strong investor confidence and dominant market activity. Fidelity’s Bitcoin ETF (Ticker: FBTC) also showed significant positive movement, gaining 2,425 BTC.

Other funds like Grayscale’s BTC fund (Ticker: BTC) and VanEck’s (Ticker: HODL) recorded net inflows of 1,439 BTC and 396 BTC respectively, contributing to the week’s gains. Franklin Templeton’s (Ticker: EZBC) also had a notable increase, adding 348 BTC to its holdings.

Conversely, some funds experienced outflows. ARK’s Bitcoin ETF (Ticker: ARKB) saw the largest decline, with a reduction of 489 BTC. Bitwise (Ticker: BITB) and Invesco Galaxy’s (Ticker: BTCO) also faced decreases, losing 365 BTC and 303 BTC respectively. Valkyrie’s (Ticker: BRRR) had a minor drop of 19 BTC.

Overall, the total holdings across these ETFs increased by 27,592 BTC, boosting the total market value by approximately $2.49 billion. This week’s activity underscores a generally positive investor sentiment, with substantial capital inflows into the larger Bitcoin ETFs, balancing the outflows seen in some of the smaller funds.

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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