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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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