US Spot Bitcoin ETF Outflows Surge to $812 Million on August 1, Highlighting Potential Market Adjustments
The post US Spot Bitcoin ETF Outflows Surge to $812 Million on August 1, Highlighting Potential Market Adjustments appeared on BitcoinEthereumNews.com. On August 1, US spot Bitcoin ETFs experienced a record net outflow of $812.27 million, led by Fidelity’s FBTC and ARK Invest’s ARKB, signaling significant portfolio adjustments in the crypto investment landscape. Fidelity’s FBTC and ARK Invest’s ARKB accounted for over $659 million of the total withdrawals. Market analysts attribute the outflows to profit-taking, portfolio rebalancing, and macroeconomic factors. ‘, ‘
The post US Spot Bitcoin ETF Outflows Surge to $812 Million on August 1, Highlighting Potential Market Adjustments appeared on BitcoinEthereumNews.com.
On August 1, US spot Bitcoin ETFs experienced a record net outflow of $812.27 million, led by Fidelity’s FBTC and ARK Invest’s ARKB, signaling significant portfolio adjustments in the crypto investment landscape. Fidelity’s FBTC and ARK Invest’s ARKB accounted for over $659 million of the total withdrawals. Market analysts attribute the outflows to profit-taking, portfolio rebalancing, and macroeconomic factors. ‘, ‘
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