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- It was found that alone in Fidelity’s FBTC, about $99.1 million was withdrawn.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




![[Analysis] "Bitcoin could fall once more before the next bull run… may drop to as low as $43,000"](https://media.bloomingbit.io/PROD/news/8c7118c8-560c-45ee-b17c-33941c08bb67.webp?w=250)
![[Analysis] "Bitcoin shows signs of recovering sentiment among U.S. investors… but a strong bullish reversal is still not in place"](https://media.bloomingbit.io/PROD/news/fa06d293-8d64-4e15-8420-70b42038247c.webp?w=250)