Daily US Bitcoin ETFs Net Flow Analysis (As of October 24, 2024)

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.

Join CryptoCrunchApp on Telegram Channels – Click to Join

87.7K Reads