Daily US Bitcoin ETFs Net Flow Analysis (As of December 24, 2024)

On December 24, 2024, the daily net flow of U.S. Bitcoin ETFs showed a mix of inflows and outflows, leading to an overall net decrease of 2,308 BTC across the ETFs. BlackRock’s Bitcoin ETF (Ticker: IBIT) was a notable exception, experiencing a net inflow of 341 BTC, indicating investor confidence in this fund.

Conversely, Fidelity’s Bitcoin ETF (Ticker: FBTC) saw a significant net outflow, losing 1,573 BTC. Grayscale’s GBTC (Ticker: GBTC) also experienced a substantial outflow, decreasing by 621 BTC. Additionally, Bitwise’s Bitcoin ETF (Ticker: BITB) and Invesco Galaxy’s (Ticker: BTCO) recorded net outflows of 256 BTC and 95 BTC, respectively. ARK’s Bitcoin ETF (Ticker: ARKB) faced a more modest decline of 170 BTC.

Grayscale’s BTC fund (Ticker: BTC) showed a modest net inflow of 66 BTC, contrasting with the larger outflows from other funds in the Grayscale suite. VanEck’s (Ticker: HODL), Valkyrie’s (Ticker: BRRR), and Franklin Templeton’s (Ticker: EZBC) ETF holdings remained unchanged for the day.

The total Bitcoin holdings of these ETFs stood at 1,128,480 BTC by the end of the day, reflecting the net decrease and the dynamic nature of investor movements within the Bitcoin ETF market, valued at approximately $226.3 million in net outflows.

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

78.7K Reads