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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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