According to Odaily, in August 2024, Bitcoin spot ETFs in the United States experienced a net outflow of $94 million. This data was monitored by Trader T. Despite the overall outflow, some ETFs saw significant inflows. BlackRock's IBIT increased its holdings by 14,531 BTC, resulting in a net inflow of $887 million, bringing its total holdings to 357,509 BTC. Grayscale's BTC saw a net inflow of $330 million, while WisdomTree's BTCW had a net inflow of $139 million. However, Grayscale's GBTC experienced a net outflow of $910 million. Most other ETFs also saw capital outflows during August. . #10-Day Posting Challenge #GateOpinionQuest #CryptoObservers
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#How will September’s market perform after August’s volatility?
According to Odaily, in August 2024, Bitcoin spot ETFs in the United States experienced a net outflow of $94 million. This data was monitored by Trader T. Despite the overall outflow, some ETFs saw significant inflows. BlackRock's IBIT increased its holdings by 14,531 BTC, resulting in a net inflow of $887 million, bringing its total holdings to 357,509 BTC. Grayscale's BTC saw a net inflow of $330 million, while WisdomTree's BTCW had a net inflow of $139 million. However, Grayscale's GBTC experienced a net outflow of $910 million. Most other ETFs also saw capital outflows during August.
.
#10-Day Posting Challenge #GateOpinionQuest
#CryptoObservers