On August 7, 2024, the Bitcoin ETFs in the U.S. experienced a mixed day with significant net inflows and outflows across various funds. BlackRock’s IBIT saw a slight outflow of 59 BTC, lowering its holdings to 344,011 BTC. Grayscale’s GBTC and Fidelity’s FBTC faced larger outflows of 1,303 BTC and 1,137 BTC, respectively, indicating a shift in investor sentiment or rebalancing of portfolios.

Conversely, Invesco Galaxy’s BTCO witnessed a substantial net inflow of 1,050 BTC, increasing its holdings to 8,374 BTC, suggesting growing investor interest. Grayscale’s other fund, BTC, also saw an increase of 408 BTC.

Bitwise’s BITB and Valkyrie’s BRRR had neutral days with no changes in their holdings, while VanEck’s HODL saw a moderate inflow of 57 BTC. Franklin Templeton’s EZBC, however, experienced a significant outflow of 406 BTC.

Overall, the total holdings of Bitcoin across these ETFs were 906,798 BTC with a net outflow of 1,899 BTC on this particular day, translating to a valuation decrease of approximately $109.1 million. This daily net flow provides insights into the active management and varied investor strategies 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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