Forecast Trend Report by Period
More than $260 million flowed out of US spot-Bitcoin exchange-traded funds.
The 13 US-listed spot-Bitcoin ETFs posted combined net outflows of $265.37 million on Aug. 31, according to crypto data platform SoSoValue.
BlackRock's IBIT led the withdrawals, with $122.66 million leaving the fund in a single day, nearly half of the total.
Fidelity's FBTC posted net outflows of $54.78 million, while Grayscale's GBTC saw $52.63 million leave the fund. Bitwise's BITB and Ark 21Shares' ARKB also recorded net outflows of $17.77 million and $17.54 million, respectively. In total, five ETFs posted net outflows.
The remaining eight products, including Grayscale Bitcoin Mini Trust's BTC, VanEck's HODL and Morgan Stanley's MSBT, recorded no inflows or outflows.
