Bitcoin ETF Outflow Sees 9 Days of Market Negativity in August

CoinMarketCap08-31

Key Points: Spot Bitcoin ETFs saw net outflows of $175.53 million on August 30, marking the ninth day of outflows this month. Bitcoin ETF trading volumes have decreased since their peak in early ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin ETF Outflow Sees 9 Days of Market Negativity in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-31 11:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66d28ceb191057128074d1e8/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points:\n\nSpot Bitcoin ETFs saw net outflows of $175.53 million on August 30, marking the ninth day of outflows this month.\nBitcoin ETF trading volumes have decreased since their peak in early ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66d28ceb191057128074d1e8/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HODL","symbol_name":"VanEck Bitcoin Trust ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66d28ceb191057128074d1e8/","article_id":"2463473957","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/8eca198aa857405dba80cdc6bf981c21.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463473957","pubTimestamp":1725074662,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Spot Bitcoin ETFs saw net outflows of $175.53 million on August 30, marking the ninth day of outflows this month.Bitcoin ETF trading volumes have decreased since their peak in early March, and some funds have recorded zero flows recently.The Bitcoin ETF outflows raise questions about the future of Bitcoin price fluctuations.Farside Investors, an investment firm out of London, reported continued spot Bitcoin exchange-traded funds outflows of $175.53 million on August 30.Read more: Bitcoin Inflows Surge to $543 Million After Powell’s Rate Comments. Bitcoin ETF Outflows Continued When Markets Are Negative. This marks the ninth day in August when Bitcoin ETF outflows were recorded, against the usually positive trend seen in previous months.In sharp contrast, BlackRock's iShares Bitcoin Trust registered no net inflows or outflows on the same day. The fund has only had outflows twice since the end of January when it was launched, with the most recent being on August 29.DISCLAIMER:The informa","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HODL":"VanEck Bitcoin Trust ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","FBTC":"Fidelity Wise Origin Bitcoin Fund","BK4516":"特朗普概念","BK4539":"次新股","BK4023":"应用软件","BK4554":"元宇宙及AR概念","BITB":"Bitwise Bitcoin ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","BITO":"ProShares Bitcoin Strategy ETF ","BK4595":"比特币概念","IBIT":"iShares Bitcoin Trust","BK4535":"淡马锡持仓","GBTC":"Grayscale Bitcoin Trust","BK4550":"红杉资本持仓","BK4588":"碎股","DEFI":"Hashdex Bitcoin ETF","FDN":"First Trust Dow Jones Internet I","BRRR":"Valkyrie Bitcoin Fund","EZBC":"Franklin Bitcoin ETF","BTCO":"Invesco Galaxy Bitcoin ETF","BK4551":"寇图资本持仓","BTCW":"WisdomTree Bitcoin Fund","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4547":"WSB热门概念","BK4112":"金融交易所和数据"},"translate_title":"8月份比特币ETF流出9天市场负面","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":1,"BITB":1,"HODL":1,"GBTC":1,"FDN":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BTCO":1,"BRRR":1,"IBIT":0.8},"content_text":"Key Points:\n\nSpot Bitcoin ETFs saw net outflows of $175.53 million on August 30, marking the ninth day of outflows this month.\nBitcoin ETF trading volumes have decreased since their peak in early March, and some funds have recorded zero flows recently.\nThe Bitcoin ETF outflows raise questions about the future of Bitcoin price fluctuations.\n\nFarside Investors, an investment firm out of London, reported continued spot Bitcoin exchange-traded funds outflows of $175.53 million on August 30.\n\n\n\n\nRead more: Bitcoin Inflows Surge to $543 Million After Powell’s Rate Comments\nBitcoin ETF Outflows Continued When Markets Are Negative\nThis marks the ninth day in August when Bitcoin ETF outflows were recorded, against the usually positive trend seen in previous months.\nAmong the Bitcoin ETFs, Grayscale's Bitcoin Trust led the outflow with $70.2 million, followed closely by ARK's ARKB with an outflow of $65 million, Bitwise's BITB with $16.4 million, Fidelity's FBTC with $12.9 million, and Invesco's BTCO with $11.1 million.\nIn sharp contrast, BlackRock's iShares Bitcoin Trust registered no net inflows or outflows on the same day. The fund has only had outflows twice since the end of January when it was launched, with the most recent being on August 29.\nMarket Uncertainty Grows with Persistence of Bitcoin ETF Outflows\nThis recent slump in trading volumes for Bitcoin ETFs comes after its peak in early March, where some of such ETFs have even recorded zero flows since the beginning of this week.\nAmong the several ETFs, Grayscale's GBTC seems to be the worst-hit one in regard to the highest Bitcoin ETF outflows. The question that everyone wants an answer to right now is: Where do spot Bitcoin ETFs go from here, and will the trend keep sliding further down?\nMarket analysts maintain that the recent Bitcoin ETF outflows may be a result of a range of factors, including changes in the price action of Bitcoin, shifting expectations in the market, and regulatory dynamics that change with time.\n\n\n\n\nDISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463473957"}