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On Oct. 8, 2024, Bitcoin ETFs saw net outflows totaling $18.6 million. Fidelity’s FBTC ETF led the declines with $48.8 million in outflows, while Grayscale’s GBTC ETF recorded a smaller outflow of $9.4 million. BlackRock’s IBIT ETF was the only notable inflow, adding $39.6 million. Other major ETFs reported no significant activity, including those from Ark, Bitwise, Invesco, Franklin, Valkyrie, VanEck, and WisdomTree.
By Oct. 9, the outflows continued with a total net loss of $30.6 million. Ark’s ARKB ETF led the day’s outflows, losing $44.5 million, while BlackRock’s IBIT ETF recorded a modest inflow of $13.9 million. No inflows or outflows were reported for Fidelity’s FBTC or other major ETFs, marking a quiet day across the broader Bitcoin ETF market. #HotTopicDiscussion #ContentStar #Gate post highlights