The daily net flow of Bitcoin ETFs in the U.S. for October 22, 2024, displayed a mixture of gains and losses across various funds. Leading the charge, BlackRock’s Bitcoin ETF (Ticker: IBIT) saw a substantial increase, adding 4,869 BTC to its holdings. This was closely followed by a significant gain for VanEck (Ticker: HODL), which added 339 BTC.

On the other hand, some funds experienced reductions. Bitwise (Ticker: BITB) reported a decrease of 327 BTC, and Invesco Galaxy (Ticker: BTCO) saw a reduction of 80 BTC. Grayscale’s Bitcoin ETF (Ticker: GBTC) also faced a slight outflow, losing 27 BTC.

Despite some losses, the overall market movement was positive, with a total net inflow of 4,770 BTC across all funds, valued at approximately $321.2 million. The day ended with the total Bitcoin holdings of these ETFs reaching 962,564 BTC. This activity reflects the dynamic nature of the U.S. Bitcoin ETF market, with substantial inflows indicating strong investor confidence and strategic portfolio adjustments.

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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