Institutional interest in $BTC has cooled down again.
On August 14, spot ETF net outflows were $57.63 million, marking the third consecutive day.
This week’s cumulative outflows are about $390 million, the largest scale in nearly six weeks.
The price is still hovering around 63,000. The U.S. stock market is stronger due to hotter inflation data, but this isn’t catching up here.
Liquidity hasn’t picked up, so don’t expect a big move in the short term.
Whether the outflows can stop is more useful than watching the price.
For reference only, not investment advice.
#BTC fund flow
On August 14, spot ETF net outflows were $57.63 million, marking the third consecutive day.
This week’s cumulative outflows are about $390 million, the largest scale in nearly six weeks.
The price is still hovering around 63,000. The U.S. stock market is stronger due to hotter inflation data, but this isn’t catching up here.
Liquidity hasn’t picked up, so don’t expect a big move in the short term.
Whether the outflows can stop is more useful than watching the price.
For reference only, not investment advice.
#BTC fund flow