🚨 INSIGHT: U.S. spot Bitcoin ETFs opened August with their second-largest single-day outflow ever - $812M, wiping out some of July’s momentum.
💸 Fidelity’s FBTC led with ~$331M pulled
💸 ARK’s ARKB saw ~$328M outflows
💸 Ethereum ETFs broke a 20-day inflow streak with $152M in outflows
After $12.8B of inflows in July, the market might just be catching its breath.