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The daily net flow of Bitcoin ETFs in the U.S. as of October 24, 2024, revealed notable activity, predominantly characterized by significant inflows and a few declines across several funds. BlackRock’s Bitcoin ETF (Ticker: IBIT) dominated the day with an impressive net inflow of 4,801 BTC, indicating strong investor confidence and attraction to this particular ETF.
On the other hand, ARK’s Bitcoin ETF (Ticker: ARKB) saw a substantial outflow, losing 1,498 BTC, and Bitwise (Ticker: BITB) also faced a reduction, decreasing by 380 BTC. Invesco Galaxy’s Bitcoin ETF (Ticker: BTCO) experienced a decline as well, with 140 BTC moving out.
However, positive movements were seen in some of the smaller funds. VanEck’s Bitcoin ETF (Ticker: HODL) added 57 BTC. Despite the mixed results from other funds, the total Bitcoin holdings for all ETFs listed stood at 964,144 BTC, with a net overall increase of 2,830 BTC for the day, valued at approximately $191.1 million. This reflects a vibrant trading day with significant capital flows 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.
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