On November 8, 2024, the daily net flow of U.S. Bitcoin ETFs displayed predominantly positive momentum, signaling strong investor confidence. BlackRock’s Bitcoin ETF (Ticker: IBIT) saw the most significant net inflow, amassing an additional 14,607 BTC, a notable increase in its holdings. Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw substantial growth, adding 2,491 BTC.

Other ETFs like Grayscale’s BTC fund (Ticker: BTC) and ARK’s Bitcoin ETF (Ticker: ARKB) had positive movements as well, with inflows of 1,428 BTC and 229 BTC respectively. Bitwise (Ticker: BITB) and VanEck (Ticker: HODL) also experienced modest increases of 174 BTC and 226 BTC.

However, Invesco Galaxy’s BTCO (Ticker: BTCO) registered a decrease, shedding 757 BTC, going against the day’s general trend of gains. Valkyrie’s (Ticker: BRRR) fund saw the smallest gain with an increase of 28 BTC.

In total, the Bitcoin holdings for these ETFs rose to 1,019,938 BTC, marking a net daily increase of 18,823 BTC, valued at approximately $1.43 billion. This significant net inflow reflects robust trading activity and bullish sentiment in the Bitcoin ETF market on that day.

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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