Daily US Bitcoin ETFs Net Flow Analysis (As of September 02, 2024)

The daily net flow for U.S. Bitcoin ETFs as of September 2, 2024, reveals a relatively stable landscape with selective adjustments, underscoring a resilient market despite minor fluctuations.

BlackRock’s IBIT ETF maintained a steady position with no net inflow or outflow, holding a robust 357,509 BTC. Similarly, Fidelity’s FBTC and other funds like ARK’s ARKB, Grayscale’s secondary fund BTC, VanEck’s HODL, Valkyrie’s BRRR, and Franklin Templeton’s EZBC also showed no changes in their holdings.

However, some funds experienced slight outflows. Grayscale’s GBTC saw a reduction of 392 BTC, bringing its holdings down to 226,862 BTC. Bitwise’s BITB also recorded a decrease of 284 BTC, and Invesco Galaxy’s BTCO fund decreased by 118 BTC.

Overall, the total holdings across all ETFs amounted to 912,372 BTC, with a net decrease of 794 BTC valued at approximately $53.2 million. This day-to-day data highlights the ongoing commitment of investors to the Bitcoin market, reflecting confidence and sustained interest in cryptocurrency as a valuable asset class.

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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