On August 8, 2024, the U.S. Bitcoin ETFs experienced mixed net flows. BlackRock’s IBIT recorded a significant net inflow of 956 BTC, boosting its total holdings to 344,967 BTC. This substantial increase reflects strong investor confidence in BlackRock’s management of its Bitcoin assets.

Conversely, Grayscale’s GBTC saw a notable net outflow of 576 BTC, lowering its holdings to 237,497 BTC. Such movements suggest shifting investor preferences or strategic rebalancing. Invesco Galaxy’s BTCO also faced a decrease with a net outflow of 587 BTC.

Bitwise’s BITB experienced a modest net inflow of 54 BTC, indicating a stable investor interest. Meanwhile, Fidelity’s FBTC and other funds like ARKB, BTC, HODL, BRRR, and EZBC reported no net changes, highlighting a day of equilibrium for these funds.

Overall, the total holdings for these ETFs amounted to 906,645 BTC, with a net decrease of 153 BTC for the day, corresponding to a valuation drop of approximately $9.13 million. This report underscores the dynamic nature of the Bitcoin ETF market, reflecting diverse investor activities and market responses.

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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