9M
...

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.
Join CryptoCrunchApp on Telegram Channels – Click to Join