Bitcoin spot ETF sees outflow of $196.2 million... 4 consecutive trading days of outflows

Source
YM Lee

Summary

  • It was reported that $196.2 million flowed out from Bitcoin (BTC) spot ETF products.
  • Such outflows have continued for 4 consecutive trading days.
  • It was found that alone in Fidelity’s FBTC, about $99.1 million was withdrawn.
Photo=Farside Investors
Photo=Farside Investors

It has been reported that more than $190 million has flowed out from Bitcoin (BTC) spot Exchange-Traded Fund (ETF) products.

According to data from Farside Investors, the daily outflow from Bitcoin spot ETF products on the 5th (local time) was $196 million, marking 4 consecutive trading days of outflows since July 31.

The product with the largest outflow was Fidelity's FBTC, which saw an outflow of about $99.1 million.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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