US Spot Bitcoin ETF Sees $80.7 Million Outflow This Week
Publication Time:2024-08-03 19:16:05
According to the latest data from market analysis firm Farside Investors, the US spot Bitcoin exchange-traded fund (ETF) saw a total net outflow of $80.7 million this week. During this period, the market showed significant volatility. Specifically, on Monday, investors were optimistic about the market, resulting in a net inflow of $124.1 million. However, as the week progressed and market sentiment shifted with increased uncertainty, investors chose to withdraw funds, leading to a net outflow of $237.4 million by Friday. This phenomenon reflects the divergent investment attitudes toward Bitcoin and its related products, as well as differing expectations for market prospects.
Farside Investors
Bitcoin ETF
outflows