Daily US Bitcoin ETFs Net Flow Analysis (As of October 16, 2024)

The daily net flow of U.S. Bitcoin ETFs on October 16, 2024, recorded substantial activity with BlackRock’s Bitcoin ETF (Ticker: IBIT) experiencing the largest net inflow of 4,323 BTC. This significant addition highlights strong investor interest and confidence in the fund. Grayscale (Ticker: GBTC) and Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw healthy inflows of 564 BTC and 524 BTC respectively.

In contrast, the Invesco Galaxy Bitcoin ETF (Ticker: BTCO) faced a net outflow of 216 BTC, indicating some investor withdrawal on that day. However, other funds like ARK’s Bitcoin ETF (Ticker: ARKB), Bitwise (Ticker: BITB), and VanEck (Ticker: HODL) maintained positive but modest inflows.

Overall, the total Bitcoin holdings across all listed ETFs stood at 940,148 BTC, valued at approximately $63.6 billion. The total net inflow for the day was 5,695 BTC, translating to about $385.3 million. This data showcases the dynamic and fluctuating nature of investments within the U.S. 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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