Bitcoin ETF Net Inflows and Market Movements Across Major Assets as of October 23

• Daily net inflow stood at $192.31 million, contributing to a cumulative total net inflow of $21.34 billion.
• BlackRock’s IBIT led in daily net inflows with $317.47 million, outperforming other assets.
• Grayscale’s GBTC saw no inflow, with a cumulative net outflow of $20.10 billion.

As of October 23, 2024, the market update data for the BTC ETF shows a daily total net inflow of $192.31 million and a cumulative total net inflow of $21.34 billion. Total value traded during this period reached $1.55 billion.

The total net assets amounted to $64.09 billion, which represented 4.86% of Bitcoin’s market cap.

According to SoSoValue recent ETF market updated on Bitcoin, BlackRock’s IBIT, listed on NASDAQ, recorded the highest daily net inflow of $317.47 million and holds a cumulative net inflow of $23.53 billion.

Its net assets stand at $26.24 billion, with a 2.84% daily change in market price, trading at $38.88. IBIT shows a premium/discount of +0.52%.

Source: SoSoValue

Grayscale’s GBTC, traded on NYSE, reported no daily net inflow. It has a cumulative net outflow of $20.10 billion. GBTC’s net assets are valued at $14.64 billion, and it shows a market price of $54.28 with a daily change of +2.75%.

Fidelity’s FBTC, listed on CBOE, had no daily net inflow, though it holds a cumulative net inflow of $10.32 billion. The net assets are reported at $12.25 billion, and the market price rose by 2.76%, trading at $59.67.

ARKB, under Ark & 21Shares on CBOE, showed a significant daily net outflow of $99.04 million. It maintains cumulative net inflows of $2.62 billion, with net assets valued at $3.22 billion. Despite the outflow, ARKB’s market price increased by 2.81%, trading at $68.16.

Bitwise’s BITB on NYSE saw a daily net outflow of $25.21 million, with cumulative net inflows of $2.25 billion. Its market price increased by 2.82% to $37.18, while the net assets stand at $2.72 billion.