Bitcoin spot ETFs saw $61.1M in net outflows on August 12.
BlackRock’s IBIT had around $14.3M in outflows.
One day of outflows isn’t a big deal on its own.
What matters is whether this continues for several days or is just short-term profit-taking.
ETF flows remain an important signal for Bitcoin’s institutional demand.
$BTC
BlackRock’s IBIT had around $14.3M in outflows.
One day of outflows isn’t a big deal on its own.
What matters is whether this continues for several days or is just short-term profit-taking.
ETF flows remain an important signal for Bitcoin’s institutional demand.
$BTC