Daily US Bitcoin ETFs Net Flow Analysis (As of October 08, 2024)

As of October 8, 2024, the U.S. Bitcoin ETFs reported a substantial net inflow totaling 3,428 BTC, bringing the combined holdings to 924,530 BTC. BlackRock’s IBIT ETF saw the most significant increase, adding 1,548 BTC to its holdings, which now stand at 368,958 BTC. This was closely followed by Fidelity’s FBTC ETF, which gained 1,639 BTC, raising its total to 179,565 BTC.

Other ETFs also reported gains, with ARK Invest’s ARKB ETF receiving an additional 200 BTC, totaling 47,504 BTC. Bitwise’s BITB ETF added 207 BTC to its holdings, reaching 39,206 BTC. VanEck’s HODL ETF increased by 85 BTC, bringing its holdings to 11,822 BTC.

However, not all ETFs experienced inflows; Grayscale’s GBTC ETF saw a reduction of 250 BTC, bringing its total down to 220,356 BTC. Grayscale’s BTC ETF slightly decreased by 1 BTC, ending the day with 33,751 BTC. Valkyrie’s BRRR, Invesco’s BTCO, and Franklin Templeton’s EZBC ETFs saw no changes in their holdings.

The day’s activities contributed to a total value increase of approximately $213.3 million, emphasizing robust investor interest and dynamic capital movement within the Bitcoin ETF market.

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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