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The weekly net flow for U.S. Bitcoin ETFs from October 28 to November 01, 2024, demonstrated significant activity across several funds. Notably, BlackRock’s Bitcoin ETF (Ticker: IBIT) led the gains with a substantial inflow of 34,356 BTC, underscoring robust investor interest. Fidelity’s Bitcoin ETF (Ticker: FBTC) also recorded a positive movement, adding 2,425 BTC.
Conversely, Grayscale’s GBTC (Ticker: GBTC) experienced a notable outflow of 405 BTC, and Invesco Galaxy (Ticker: BTCO) saw a similar decline, shedding 405 BTC as well. Meanwhile, Grayscale’s other fund, BTC (Ticker: BTC), had an impressive gain, receiving an inflow of 911 BTC. VanEck’s (Ticker: HODL) and Valkyrie’s (Ticker: BRRR) funds also saw healthy increases of 452 BTC and 87 BTC, respectively.
Overall, the aggregated holdings across these ETFs totaled 1,004,958 BTC, with a combined weekly net inflow of 37,628 BTC, equivalent to a market value increase of approximately $2.57 billion. This reflects a dynamic week with significant capital flows, indicating active trading and varied investor sentiment within the Bitcoin ETF sector.
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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