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On November 20, 2024, the daily net flow of U.S. Bitcoin ETFs demonstrated robust gains across several funds, indicating strong investor interest. BlackRock’s Bitcoin ETF (Ticker: IBIT) led with an impressive inflow of 2,320 BTC. Fidelity’s Bitcoin ETF (Ticker: FBTC) also showed significant positive movement, gaining 2,752 BTC.
Additionally, ARK’s Bitcoin ETF (Ticker: ARKB) added 2,871 BTC, showcasing substantial investor confidence. Other funds also experienced growth, albeit on a smaller scale: Bitwise’s Bitcoin ETF (Ticker: BITB) increased by 567 BTC, Grayscale’s BTC fund (Ticker: BTC) by 594 BTC, and VanEck’s (Ticker: HODL) by 85 BTC. Valkyrie’s (Ticker: BRRR) and Invesco Galaxy’s (Ticker: BTCO) funds saw modest increases of 83 BTC and 36 BTC, respectively.
Grayscale’s GBTC (Ticker: GBTC) recorded a smaller gain of 54 BTC, indicating a more tempered response from investors in this specific fund.
In total, the Bitcoin holdings of these ETFs reached 1,054,480 BTC, marking a significant net daily increase of 9,362 BTC, which corresponds to a value increase of approximately $884.9 million. This activity underscores a strong day of trading and investment, reflecting overall positive sentiment in the Bitcoin ETF markets.
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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