Bitcoin Spot ETF had a total net outflow of $523 million yesterday, continuing a net outflow for 3 days
#比特币走势分析
Net outflow of Bitcoin spot ETF: Insights into market dynamics and investment trends
Recently, the flow of funds into Bitcoin spot ETF in the cryptocurrency market has attracted widespread attention. According to ChainCatcher citing SoSoValue data, on August 19, Eastern Time, Bitcoin spot ETF saw significant fund movements, with a total net outflow of $523 million, and this net outflow situation has lasted for 3 days.
In the net outflow situation on that day, Fidelity ETF FBTC became the focus, with a single-day net outflow of $247 million. Despite a significant single-day outflow, its historical total net inflow is still as high as $11.707 billion, indicating that this ETF has accumulated a lot of investor trust and capital input in the past. The performance of Grayscale ETF GBTC is also noteworthy, with a single-day net outflow of $116 million, and its historical total net outflow has reached $23.919 billion, reflecting the market's different judgments on its long-term investment value.