For the week spanning November 4 to November 8, 2024, the U.S. Bitcoin ETFs observed a net inflow of 14,980 BTC, indicating sustained interest and investment activity in the cryptocurrency market. Leading the inflows, BlackRock’s Bitcoin ETF (Ticker: IBIT) experienced a significant increase, adding 13,568 BTC to its holdings. Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw robust growth, with an additional 2,650 BTC.

On the other hand, some funds registered outflows. Grayscale’s GBTC (Ticker: GBTC) had a net decrease of 1,128 BTC, and ARK’s Bitcoin ETF (Ticker: ARKB) saw a decline of 674 BTC. Similarly, VanEck’s (Ticker: HODL) and Franklin Templeton’s (Ticker: EZBC) funds faced reductions of 339 BTC and 348 BTC, respectively.

Other funds like Bitwise (Ticker: BITB), Grayscale’s BTC fund (Ticker: BTC), Valkyrie’s (Ticker: BRRR), and Invesco Galaxy’s (Ticker: BTCO) posted gains, contributing to the overall positive weekly net flow.

This week’s activity brings the total holdings across these ETFs to 1,019,938 BTC, valued at approximately $81.4 billion. The net inflow suggests investor optimism and active engagement 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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