Daily US Bitcoin ETFs Net Flow Analysis (As of August 19, 2024)

The daily net flow of Bitcoin across U.S. ETFs on August 19, 2024, showcases significant activity within the cryptocurrency investment sphere. Fidelity’s FBTC ETF leads with a notable net inflow of 1,027 BTC, pushing its total holdings to 178,000 BTC, indicating strong investor confidence.

BlackRock’s IBIT also saw a healthy increase of 341 BTC, bringing its holdings to a staggering 348,951 BTC. Conversely, Grayscale’s GBTC experienced a considerable net outflow of 448 BTC, reducing its holdings to 230,430 BTC.

Other funds such as Bitwise’s BITB and Invesco Galaxy’s BTCO observed net inflows of 202 BTC and 523 BTC respectively, highlighting their growing attractiveness to investors. ARK Invest’s ARKB added a modest 225 BTC, maintaining steady interest.

On this particular day, the total holdings across all tracked U.S. Bitcoin ETFs reached 908,189 BTC, with a combined net inflow of 2,138 BTC valued at approximately $125.1 million. This data underscores the dynamic nature of the market and the varying investor sentiments across different Bitcoin investment vehicles.

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

84.9K Reads