Daily US Bitcoin ETFs Net Flow Analysis (As of August 02, 2024)

As of August 02, 2024, the net flow of Bitcoin within U.S. ETFs displays varied activity across different funds. BlackRock’s IBIT ETF leads with a net inflow of 410 BTC, bringing its total holdings to 343,387 BTC. Conversely, Grayscale’s GBTC saw a small net outflow of 10 BTC, reducing its holdings slightly to 241,275 BTC.

Significant movements include Fidelity’s FBTC, which experienced a substantial outflow of 765 BTC, and ARK Invest’s ARKB, which saw a net decrease of 354 BTC. Bitwise’s BITB also recorded a negative net flow, losing 327 BTC, and Invesco Galaxy’s BTCO dropped by 41 BTC.

On a positive note, Grayscale Bitcoin Mining Trust’s BTC fund reported an inflow of 276 BTC, highlighting some investor confidence. Both VanEck’s HODL and Valkyrie’s BRRR ETFs reported no change in their holdings.

The cumulative total for all U.S. Bitcoin ETFs on this date stands at 913,516 BTC. Overall, there was a net outflow of 811 BTC, equating to a decrease in value of approximately $51.2 million. This snapshot illustrates a mixed but predominantly cautious sentiment among investors within the U.S. Bitcoin ETF 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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