The week of August 12 to August 16, 2024, saw notable shifts in U.S. Bitcoin ETF net flows, reflecting a dynamic and evolving investor landscape. BlackRock’s IBIT stood out with a strong net inflow of 1,002 BTC, bringing its total holdings to an impressive 348,609 BTC, signaling continued investor confidence.

In contrast, Grayscale’s GBTC faced a significant outflow, losing 6,051 BTC and reducing its holdings to 230,878 BTC. This marked the most substantial decline among the ETFs tracked. Meanwhile, ARK Invest’s ARKB recorded a healthy increase, adding 385 BTC to its portfolio.

Other key movements included a 306 BTC decrease in Bitwise’s BITB and a positive addition of 390 BTC to Grayscale’s BTC fund. Fidelity’s FBTC saw a modest rise of 22 BTC, while Invesco Galaxy’s BTCO experienced a sharp drop of 848 BTC.

Across all ETFs, the total Bitcoin holdings now stand at 906,051 BTC, with a net weekly outflow of 5,292 BTC, equating to a value decrease of approximately $316.6 million. This week’s data offers a detailed snapshot of investor sentiment, highlighting a blend of optimism and caution within the Bitcoin ETF market.

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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