US spot Bitcoin ETF sees largest single-day outflow in 90 days
The U.S. spot Bitcoin ETF had the largest single-day outflow in more than 90 days (more than 60 trading days) since May 1 on Friday, August 2. The total outflow for the whole day on August 2 was US$237.45 million, which was also the fourth highest single-day outflow since the launch of the spot Bitcoin ETF in January. The total outflow for the whole day on May 1 was US$563.77 million. Although the single-day outflow was large, the total transaction volume was almost nothing special. Although the price of Bitcoin continued to slide to the US$60,000 mark, the total net asset value of all ETFs remained close to historical highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pi Network Faces Major Price Drop After Event
Bitcoin Analyst Predicts $175K Price Surge Amid Market Dynamics
Bitcoin Stalls Near Highs Amidst Derivative Pressures
Pi Network Faces Heavy Price Slide Amid Investor Concerns

Trending news
MoreCrypto prices
More








