๐จ MARKET UPDATE: U.S. spot Bitcoin ETFs kicked off August with a major pullback โ their second-biggest single-day outflow ever, totaling $812 million. This move erased some of the strong momentum built in July.
๐ธ Fidelityโs FBTC led the exit with around $331M withdrawn
๐ธ ARKโs ARKB followed closely with $328M in outflows
๐ธ Ethereum ETFs ended their 20-day inflow streak, recording $152M in outflows
After $12.8 billion poured in during July, it looks like the crypto market is taking a breather.