Daily US Bitcoin ETFs Net Flow Analysis (As of August 21, 2024)

The daily net flow of Bitcoin ETFs in the U.S. on August 21, 2024, indicates dynamic shifts in investor behavior and fund movements within the sector. BlackRock’s IBIT stands out with a notable net inflow of 933 BTC, pushing its total holdings to 351,454 BTC, signaling strong investor interest.

In contrast, Grayscale’s GBTC experienced a minor net outflow of 9 BTC, adjusting its holdings to 229,172 BTC. Similarly, Bitwise’s BITB saw a reduction by 109 BTC, and Invesco’s BTCO reported an outflow of 214 BTC. These movements reflect varying investor sentiments and strategic adjustments within these funds.

Fidelity’s FBTC and several others like ARKB, BRRR, and EZBC maintained steady positions with no net inflow or outflow, indicating a period of stability or balanced buy and sell pressures for the day.

Overall, the total Bitcoin held by these ETFs reached 908,515 BTC, with a total daily net inflow of 601 BTC, valued at approximately $35.9 million. This snapshot provides a concise overview of the market tendencies and fund dynamics, crucial for investors tracking the performance of cryptocurrency investments in the ETF space.

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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