Bitcoin ETF Flow Analysis for August 7, 2024
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According to @FarsideUK, the total net flow for Bitcoin ETFs on August 7, 2024, was $45.1 million, based on provisional data. Significant inflows were observed in IBIT with $52.5 million and BTCW with $10.5 million. However, GBTC experienced a major outflow of $30.6 million. Other ETFs like FBTC, ARKB, BTCO, EZBC, BRRR, and HODL reported no flows. The overall Bitcoin market flow was $9.7 million.
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.