Daily US Bitcoin ETFs Net Flow Analysis (As of October 10, 2024)

As of October 10, 2024, U.S. Bitcoin ETFs experienced a net outflow of 96 BTC, reducing the total holdings to 924,360 BTC. BlackRock’s IBIT ETF saw a positive inflow, adding 227 BTC to reach a total of 369,822 BTC, marking the day’s largest gain among the ETFs.

Conversely, Grayscale’s GBTC ETF experienced a notable outflow of 160 BTC, lowering its holdings to 220,187 BTC. Bitwise’s BITB ETF also saw a decrease, losing 163 BTC, bringing its total down to 39,043 BTC. Several other ETFs, including Fidelity’s FBTC, ARK Invest’s ARKB, Grayscale’s BTC, VanEck’s HODL, Valkyrie’s BRRR, Invesco’s BTCO, and Franklin Templeton’s EZBC, reported no changes in their holdings.

Overall, the day’s net outflow of 96 BTC, valued at approximately $5.78 million, reflects a mixed sentiment in the market. While some ETFs experienced gains, the outflows in major funds like Grayscale and Bitwise contributed to a slight overall decrease in Bitcoin ETF holdings.

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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