On July 31, 2024, the U.S. Bitcoin ETFs displayed varying degrees of net inflows and outflows, reflecting dynamic investor behavior. Leading the gains, BlackRock’s IBIT ETF saw a substantial net inflow of 1,138 BTC, indicating strong investor confidence and increasing its holdings to 342,659 BTC.

Conversely, Grayscale’s GBTC experienced a significant net outflow of 27,753 BTC, reducing its holdings to 242,413 BTC, suggesting a shift in investor sentiment or strategic rebalancing. Other ETFs like Fidelity’s FBTC and Bitwise’s BITB also saw modest net outflows of 44 BTC and 49 BTC respectively.

Notably, the Grayscale Bitcoin Mini Trust’s BTC fund recorded an impressive net inflow equal to its total holdings, adding 26,936 BTC, signaling renewed interest or potential strategic investments.

Invesco Galaxy’s BTCO ETF had a slight positive net flow of 5 BTC, whereas VanEck’s HODL and Valkyrie’s BRRR maintained stable positions with no net inflow or outflow.

Overall, the total net flow among all tracked U.S. Bitcoin ETFs was positive, amounting to an increase of 113 BTC, translating to an approximate value growth of $7.5 million based on current Bitcoin market prices. This day’s activity underscores the fluctuations and trends in the ETF sector, often influenced by broader market sentiments and individual fund performance.

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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