Bitcoin spot ETF sees outflow of $196.2 million... 4 consecutive trading days of outflows
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- It was found that alone in Fidelity’s FBTC, about $99.1 million was withdrawn.
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
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)