Editor's PiCK

Bitcoin spot ETF sees net outflow of $642.9 million last week

Source
Uk Jin

Summary

  • The Bitcoin (BTC) spot ETF recorded a total net outflow of $642.9 million from July 28 to August 1.
  • There were minor consecutive net inflows on the 28th, 29th, and 30th, but large-scale net outflows occurred on the 31st and the 1st.
  • This week’s data indicate that there were rapid fluctuations in ETF investment capital flows over a short period.

The Bitcoin (BTC) spot exchange-traded fund (ETF) recorded a weekly net outflow.

According to Farside Investors on the 4th (KST), Bitcoin spot ETFs saw a total net outflow of $642.9 million between July 28 and August 1.

Although there were consecutive net inflows on the 28th (+$157.1 million), 29th (+$80 million), and 30th (+$47.1 million), there were significant net outflows afterward, with the 31st recording -$114.8 million and the 1st marking a major net outflow of -$812.3 million, far exceeding the earlier inflows.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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