Invesco Galaxy Bitcoin ETF Sees Notable Outflows Amid Bitcoin Rally
The Invesco Galaxy Bitcoin ETF (BTCO) has seen net outflows of $4,680,420 on September 09, a notable pullback for one of the larger spot Bitcoin products in the U.S. market.
The assets under management at BTCO are currently $402,956,370, and the latest redemption wave represents about 1.16% of AUM, signaling a moderate but meaningful shift in investor positioning.
Despite the strong three-month rally of roughly 15.16%, with Bitcoin (BTC) trading at $75,959.93, traders are pausing rather than doubling down at these elevated price levels, according to technical signals.