Daily US Bitcoin ETFs Net Flow Analysis (As of October 23, 2024)

The daily net flow of Bitcoin ETFs in the U.S. as of October 23, 2024, highlighted mixed results across various funds. BlackRock’s Bitcoin ETF (Ticker: IBIT) saw the most significant gain, adding 637 BTC to its holdings. Fidelity’s Bitcoin ETF (Ticker: FBTC) also reported a healthy increase, gaining 131 BTC. Invesco Galaxy’s BTC ETF (Ticker: BTCO) added 172 BTC, contributing positively to the day’s total.

Conversely, ARK’s Bitcoin ETF (Ticker: ARKB) experienced a substantial outflow, losing 1,997 BTC. VanEck (Ticker: HODL) also faced a decline, with a reduction of 113 BTC. Additionally, Grayscale’s Bitcoin ETF (Ticker: GBTC) recorded a decrease of 80 BTC.

Despite some individual losses, the day ended with a total Bitcoin holding of 961,314 BTC across all ETFs. However, the net change for the day was a decrease of 1,250 BTC, valued at approximately $82.2 million. This overall outflow suggests cautious or adjusting movements by investors in the face of shifting market dynamics.

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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