Bitcoin ETF Shows Positive Net Flow Despite GBTC Decline

According to Farside Investors, Bitcoin ETFs experienced a total net inflow of $25.6 million as of October 4, 2024. Significant contributions came from FBTC, BITB, and ARKB, with inflows of $13.6 million, $15.3 million, and $5.3 million respectively. However, the GBTC ETF saw a notable outflow of $13.9 million, which did not offset the overall positive net flow. Other ETFs such as IBIT, BTCO, EZBC, BRRR, BTCW, and BTC showed no changes in flow.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.