Weekly U.S. Bitcoin ETFs Net Flow Analysis

From July 29 to August 2, 2024, the weekly net flow of Bitcoin in U.S. ETFs reveals diverse investor activity across different funds. BlackRock’s IBIT ETF led with a significant net inflow of 5,259 BTC, indicating strong investor confidence and increasing holdings to 343,387 BTC. In contrast, Grayscale’s GBTC saw a major outflow, losing 29,937 BTC, reflecting a possible shift in investor sentiment or profit-taking. Fidelity’s FBTC also experienced a net outflow of 1,311 BTC, decreasing its total to 179,749 BTC.

Other ETFs showed varied movements: ARK Invest’s ARKB had a net outflow of 544 BTC, while Bitwise’s BITB lost 273 BTC. However, Grayscale’s other fund, BTC, reported a substantial net inflow of 27,212 BTC, showing strong investor interest. VanEck’s HODL ETF gained 198 BTC, while Valkyrie’s BRRR and Franklin Templeton’s EZBC reported no net change in their holdings. Invesco Galaxy’s BTCO saw a minor outflow of 70 BTC.

Overall, the total Bitcoin holdings across these ETFs amounted to 913,516 BTC, with a net positive flow of 534 BTC for the week, equating to an increase in value of approximately $32.39 million. This data underscores the mixed yet active engagement of investors in the Bitcoin ETF market during this period.

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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