Significant Outflows in Bitcoin ETFs Noted on August 6, 2024 | Flash News Detail | Blockchain.News

Significant Outflows in Bitcoin ETFs Noted on August 6, 2024

8/7/2024 3:44:22 AM

Significant Outflows in Bitcoin ETFs Noted on August 6, 2024

According to FarsideUK, Bitcoin ETFs experienced a total net outflow of $148.6 million on August 6, 2024. Notable outflows included FBTC with -$64.5 million, ARKB with -$28.9 million, EZBC with -$23 million, and GBTC with -$32.2 million. Several ETFs such as IBIT, BITB, BTCO, BRRR, HODL, BTCW, and BTC reported no net flows. This provisional data suggests a bearish sentiment among investors. (Source)

Bitcoin ETF GBTC FBTC ARKB EZBC

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.