Daily US Bitcoin ETFs Net Flow Analysis (As of On January 6, 2024)

On January 6, 2024, the daily net flow for U.S. Bitcoin ETFs highlighted robust investment activity, with the majority of funds experiencing net inflows. BlackRock’s Bitcoin ETF (Ticker: IBIT) saw the largest gain, adding 2,570 BTC to its holdings. Fidelity’s Bitcoin ETF (Ticker: FBTC) also reported a significant inflow, increasing by 3,625 BTC, and ARK’s Bitcoin ETF (Ticker: ARKB) gained 2,259 BTC.

Other ETFs showing positive movements included Bitwise (Ticker: BITB) with an increase of 621 BTC, Grayscale’s BTC fund (Ticker: BTC) which added 71 BTC, VanEck’s (Ticker: HODL) with 56 BTC, Valkyrie’s (Ticker: BRRR) with 55 BTC, and Franklin Templeton’s (Ticker: EZBC) which saw an increase of 115 BTC.

However, not all funds experienced growth; Invesco Galaxy’s (Ticker: BTCO) faced a decline, losing 113 BTC, and Grayscale’s GBTC (Ticker: GBTC) also saw a reduction, dropping by 247 BTC.

Overall, the total Bitcoin holdings of these ETFs reached 1,128,490 BTC, with a collective net increase of 9,012 BTC for the day, translating to an approximate market value gain of $923.4 million. This performance underscores a day of strong positive sentiment and substantial capital inflows into 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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