The Largest Single-Day Outflow for a U.S. Spot Bitcoin ETF in Over 90 Days
Publication Time:2024-08-04 10:21:06
According to Golden Finance, on August 2nd, the largest single-day outflow for a U.S. spot bitcoin ETF in over 90 days occurred, reaching an astonishing amount of 237.45 million USD. This number is the fourth highest single-day outflow since the launch of the spot bitcoin ETF in January. Comparing this to the total outflow of 563.77 million USD on May 1st, while the outflow was significant, there were no abnormal changes in trading volume. Despite the continuous decline in the price of Bitcoin to the $60,000 mark, the total net asset value of all ETFs still remained near its historical peak.
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spot bitcoin ETF
Single-Day Outflow
Highest Outflow Amount
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