CoinVoice has learned that on August 26, Matrixport released a daily analysis indicating that Bitcoin ETFs are expected to see a net outflow of approximately $1.2 billion this month, marking the second highest level in history, only behind February's $3.5 billion. Most institutional funds have withdrawn from the market this summer; while Ethereum continues to attract inflows, Bitcoin ETFs have experienced a net outflow for five consecutive months.

Analysts point out that while seasonal factors are a short-term phenomenon, the flow of funds is equally important as seasonality. Although macroeconomic conditions and liquidity factors may continue to support Bitcoin, market participants should remain cautious. [Original link]