BTC ETF Market Update: Mixed Trends Across BTC ETFs as BlackRock’s IBITLeads 

• BlackRock’s IBIT on NASDAQ leads BTC ETFs with $29.95 billion in assets despite no net inflow on November 1.
• Grayscale’s GBTC reports $5.5 million daily outflow and trades at a 0.12% discount on NYSE.
• Fidelity’s FBTC records a $25.64 million daily outflow on CBOE, maintaining $12.92 billion in net assets with a slight premium.

In a detailed market data update on BTC ETF assets by SoSoValue as of November 1, the market has seen different movements with different tickers recording varied inflows and outflows in key metrics such as net assets, daily and cumulative net inflows, and daily percentage changes across multiple assets on various exchanges.

According to SoSoValue, the asset with the largest net assets, IBIT, listed on NASDAQ and sponsored by BlackRock, has a net asset value of $29.95 billion. It shows no new net inflow on November 1, maintaining cumulative inflows of $26.14 billion and a slight premium of 0.22%. IBIT’s market price is $39.37, with a daily percentage drop of 1.03%.

Source: SoSoValue

Grayscale’s GBTC on NYSE reported a daily net outflow of $5.5 million, resulting in cumulative net outflows of $20.16 billion. Despite these outflows, GBTC maintains a substantial $15.22 billion in net assets, priced at $55.01 with a 1.08% daily decrease. The asset also trades at a 0.12% discount.

Fidelity’s FBTC, listed on CBOE, has a net asset value of $12.92 billion, with a daily outflow of $25.64 million but cumulative inflows of $10.47 billion. It trades at $60.47, showing a 0.21% premium and a 0.98% drop for the day.

Ark’s ARKB, also on CBOE, holds net assets of $3.36 billion. ARKB recorded a daily outflow of $24.13 million with cumulative inflows at $2.61 billion. The market price for ARKB is $69.08, experiencing a 1.12% daily decline.

Grayscale’s BTC on NYSE recorded the highest daily net inflow of $13.51 million, totaling cumulative inflows of $502.07 million. BTC’s market price is $6.14, with a 1.13% daily drop and a slight discount of 0.02%.

VanEck’s HODL, listed on CBOE, shows a net asset base of $888.73 million and a daily net outflow of $5.86 million. Its market price is $78.27, with a 1.12% decline. Other assets, including BRRR from Valkyrie on NASDAQ, BTCO from Invesco on CBOE, and EZBC by Franklin, exhibit similar trends with slight outflows and consistent daily declines in market prices.