Bitcoin ETFs in the U.S. are showcasing diverse trends in investment behaviors and fund performance as of July 8, 2024. BlackRock’s IBIT recorded a net outflow of 60 BTC, reducing its holdings to 307,146 BTC. On a larger scale, Grayscale’s GBTC experienced a significant reduction with a net outflow of 475 BTC, hinting at a shift in investor strategies or preferences.

In contrast, Fidelity’s FBTC ETF demonstrated positive investor sentiment with a net inflow of 109 BTC, boosting its holdings to 168,687 BTC. Bitwise’s BITB also displayed strong investor confidence, receiving the highest net inflow of 534 BTC among the tracked ETFs.

Collectively, these ETFs hold 866,588 BTC, valued at approximately $49.6 billion. The overall market witnessed a modest net inflow of 107 BTC, translating to about $6.1 million. This activity highlights the dynamic and fluctuating nature of the cryptocurrency investment scene in the US.

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.

Join CryptoCrunchApp on Telegram Channels – Click to Join