Significant Net Outflows in Bitcoin ETFs on October 1, 2024 | Flash News Detail | Blockchain.News

Significant Net Outflows in Bitcoin ETFs on October 1, 2024

10/2/2024 3:44:08 AM

Significant Net Outflows in Bitcoin ETFs on October 1, 2024

According to @FarsideUK, Bitcoin ETFs experienced a total net outflow of $242.6 million on October 1, 2024. Notable changes include a positive inflow of $40.8 million for IBIT and significant outflows for FBTC (-$144.7 million), ARKB (-$84.3 million), and BITB (-$32.7 million). Other ETFs like BTCO, EZBC, BRRR, BTCW, and BTC had no net flow changes, while HODL and GBTC saw outflows of $15.8 million and $5.9 million, respectively. (Source)

Bitcoin GBTC FBTC ARKB BITB IBIT HODL

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.