On October 17, 2024, the daily net flow of U.S. Bitcoin ETFs showcased a significant influx of investments. BlackRock now leads with a staggering 380,972 BTC, having added 5,803 BTC to its holdings. Grayscale and Fidelity follow, holding 220,155 BTC and 184,438 BTC, respectively, with modest inflows reflecting continued investor interest.

Mid-tier players like ARK Invest and Bitwise are also expanding their Bitcoin portfolios. ARK Invest now holds 49,251 BTC, gaining 170 BTC, while Bitwise has increased its holdings by 190 BTC to reach 41,276 BTC. These increments signal a robust market confidence, further stabilized by Grayscale’s secondary fund adding 200 BTC.

Conversely, not all funds are experiencing growth. Invesco Galaxy noted a slight decline, shedding 31 BTC. However, the overall market sentiment remains overwhelmingly positive, as evidenced by a net total increase of 6,948 BTC across these funds. This trend underscores the growing acceptance of Bitcoin as a staple in investment portfolios, pointing towards a maturing 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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