As of July 29, 2024, notable movements have been observed in the U.S. Bitcoin ETF market, showcasing dynamic investor activities. Leading the pack, BlackRock’s IBIT ETF reported an impressive net inflow of 341 BTC, indicating robust investor confidence and a total holding of 338,470 BTC.

On the flip side, Grayscale’s GBTC experienced a significant outflow, shedding 623 BTC from its holdings, now standing at 270,589 BTC, suggesting a shift in investor sentiment or strategic rebalancing.

Fidelity’s FBTC ETF also saw positive movement with an addition of 66 BTC, bringing its total to 181,127 BTC. Additionally, Bitwise’s BITB gained 463 BTC, and Invesco Galaxy’s BTCO added 354 BTC to their holdings.

Other notable funds like ARK Invest’s ARKB and VanEck’s HODL reported no changes in their positions, indicating stability in their respective strategies.

Overall, the total net inflow for the day across all listed U.S. Bitcoin ETFs was 601 BTC, translating into a market valuation increase of approximately $41.2 million, marking a significant day of trading and investment in the cryptocurrency 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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