Analysis of Net Flows into US Physical Bitcoin ETFs
Publication Time:2024-07-26 10:36:07
According to data released by market monitoring platform FarsideInvestors, on July 25th, the US Physical Bitcoin ETF market exhibited diverse patterns of capital movement. Amid this context, GBTC, one of the ETFs of significant interest, experienced a net outflow of $39.6 million in funds, indicating a certain level of market volatility. Simultaneously, BlackRock iBIT ETF attracted a net inflow of $71 million in funds on the same day, becoming a major force in the market. Additionally, other well-known ETFs such as EZBC, ARKB, and BITB maintained relatively stable conditions, neither experiencing notable inflows nor outflows of capital. These data reflect the dynamics of the current US Physical Bitcoin ETF market and investors' preferences, providing significant insights into market trends.
Market Performance
US Physical Bitcoin ETFs
GBTC Outflows
BlackRock iBIT Inflows