Bitcoin ETFs Suffer $389.7 Million Outflow
Bitcoin ETFs experienced significant outflows of $389.7 million during the week of August 10-14, marking a reversal from previous inflows.
The largest outflows were driven by Fidelity-managed Bitcoin ETFs, suggesting a shift in investor sentiment or profit-taking after a period of accumulation.
Market watchers are now observing whether this trend continues or if inflows resume in the coming weeks.