As of July 24, 2024, BlackRock has continued to lead the market of Bitcoin ETFs with 336,036 BTC, demonstrating continued strength with net inflows of +1,093 BTC. On the other side, Grayscale and Bitwise have reported losses in their holdings, with the former’s GBTC reported 11 BTC lighter and the latter’s BITB taking a more pronounced loss down -1,068 BTC.

At the same time, Fidelity’s FBTC remained stable at 181,039 BTC with constant holdings indicating a balanced interest from investors. But here, other players such as ARK Invest and VanEck both saw huge outflows, which indicated sentiment-driven changes in investments or strategic reallocations.

The total holdings across all of these ETFs amount to 911,396 BTC, valued at around $60.6 billion, with a collective net outflow of -1,394 BTC or roughly -$92.8 million. This shows the developments in the ETF sector, as investors position themselves according to market conditions and the opportunities that now arise in the crypto 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.

Join CryptoCrunchApp on Telegram Channels – Click to Join