Daily US Bitcoin ETFs Net Flow Analysis (As of September 09, 2024)

The daily net flow of Bitcoin ETFs in the U.S. provides a snapshot of investor sentiment and market dynamics as of September 9, 2024. The data presents a mixed picture with varying degrees of net inflows and outflows among different ETFs, reflecting the volatility and changing preferences in the cryptocurrency investment landscape.

BlackRock’s IBIT leads with significant holdings of 357,436 BTC, though it experienced a slight net outflow of 73 BTC. Grayscale’s GBTC, another major player, holds 223,728 BTC with a more substantial net outflow of 424 BTC. Fidelity’s FBTC showed the largest outflow among the listed ETFs, dropping by 1,596 BTC from its holdings of 171,122 BTC.

On the other hand, ETFs like VanEck’s HODL, Invesco Galaxy’s BTCO, and Franklin Templeton’s EZBC reported no changes in their holdings, indicating a stable investor interest on that particular day.

In total, the ETFs listed hold an impressive 897,806 BTC, equivalent to approximately $50.7 billion. However, they experienced a collective net outflow of 2,657 BTC, valued at around $150.1 million, suggesting a cautious or realigning approach among investors at the time. This daily flow data is crucial for understanding the short-term movements within the U.S. Bitcoin ETF market and can serve as a bellwether for broader market sentiments.

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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