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The daily net flow of Bitcoin ETFs in the U.S. on July 30, 2024, reveals significant activity across several funds. BlackRock’s IBIT led with an impressive net inflow of 3,051 BTC, increasing its holdings to 341,521 BTC. This suggests strong investor confidence in BlackRock’s cryptocurrency strategy.
Conversely, Grayscale’s GBTC saw a decrease with a net outflow of 424 BTC, bringing its holdings down to 270,166 BTC. Similarly, Bitwise’s BITB and Invesco Galaxy’s BTCO experienced outflows of 316 BTC and 377 BTC, respectively, indicating some investor retreats from these funds.
On the positive side, VanEck’s HODL ETF gained an additional 283 BTC, reflecting a bullish sentiment among its investors.
Overall, the day ended with a total positive net inflow of 2,130 BTC across all listed Bitcoin ETFs, bringing the total holdings to 915,717 BTC. This equates to a monetary increase of approximately $104 million, assuming constant market conditions, underscoring the vibrant and dynamic nature of the Bitcoin investment environment in the U.S.
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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