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On November 15, 2024, the daily net flow of U.S. Bitcoin ETFs experienced a net decline, contrasting with the positive trends observed on previous days. Despite the overall downturn, some funds still reported net inflows. BlackRock’s Bitcoin ETF (Ticker: IBIT) saw the largest gain, adding 1,434 BTC to its holdings. Additionally, Grayscale’s BTC fund (Ticker: BTC) continued to attract investment, with a net increase of 682 BTC, and VanEck’s (Ticker: HODL) had a modest gain of 57 BTC.
Conversely, substantial outflows were recorded in several ETFs. Fidelity’s Bitcoin ETF (Ticker: FBTC) saw the largest decrease, losing 2,031 BTC. ARK’s Bitcoin ETF (Ticker: ARKB) and Bitwise (Ticker: BITB) also experienced significant reductions, with net outflows of 1,831 BTC and 1,291 BTC, respectively. Invesco Galaxy’s (Ticker: BTCO) decreased by 466 BTC, and Valkyrie’s (Ticker: BRRR) dropped by 19 BTC.
The day ended with the total holdings across these ETFs reaching 1,047,530 BTC, marking a total net decrease of 3,474 BTC, equivalent to about $311.1 million in market value. This indicates a day of cautious or profit-taking activity in the Bitcoin ETF market, as investors responded to various market dynamics.
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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