Daily US Bitcoin ETFs Net Flow Analysis (As of October 7, 2024)

As of October 7, 2024, the U.S. Bitcoin ETFs experienced a net outflow of 1,683 BTC, reducing the total Bitcoin holdings to 921,102 BTC. Notably, BlackRock’s IBIT ETF recorded a significant inflow, adding 962 BTC to its holdings, which now total 367,410 BTC. This substantial influx contrasts starkly with other funds.

ARK Invest’s ARKB ETF faced a large outflow, losing 1,868 BTC, bringing its total down to 47,304 BTC. Similarly, Grayscale’s GBTC ETF also saw a considerable decline, with an outflow of 576 BTC, lowering its holdings to 220,606 BTC. VanEck’s HODL ETF decreased by 255 BTC, resulting in holdings of 11,737 BTC, while Fidelity’s FBTC ETF had a smaller outflow of 44 BTC, leaving it with 177,926 BTC.

Bitwise’s BITB ETF bucked the trend with a modest inflow of 98 BTC, increasing its total to 38,999 BTC. Meanwhile, other funds like Grayscale’s BTC, Valkyrie’s BRRR, Invesco’s BTCO, and Franklin Templeton’s EZBC ETFs reported no changes in their holdings.

Overall, despite the positive inflow in some ETFs, the significant outflows in others led to a net decrease in holdings by $107.4 million, reflecting mixed investor sentiments in the 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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