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On October 28, 2024, the daily net flow of U.S. Bitcoin ETFs demonstrated significant positive trends, showcasing a robust influx of investments into several key funds. BlackRock’s Bitcoin ETF (Ticker: IBIT) led the day with an impressive net inflow of 4,368 BTC, highlighting strong investor confidence and demand for this ETF.
Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw a substantial inflow, with 852 BTC added, while ARK’s Bitcoin ETF (Ticker: ARKB) received a notable increase of 499 BTC. These inflows reflect ongoing investor interest in diverse Bitcoin investment vehicles.
Conversely, Invesco Galaxy’s Bitcoin ETF (Ticker: BTCO) experienced a significant outflow of 399 BTC, marking a downturn for the fund on this particular day. Grayscale’s GBTC also saw a reduction, losing 112 BTC.
Overall, the total Bitcoin holdings for these ETFs rose to 972,576 BTC, resulting in a net increase of 5,246 BTC for the day, valued at approximately $361.7 million. This dynamic illustrates the vibrant activity within the U.S. Bitcoin ETF market, signaling strong market movements and investor interactions.
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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