Golden Finance reported that on Tuesday (September 3), the SpotBTCETF experienced the largest outflow of funds in four months, totaling over $287 million. According to Farside Investors’ data, this outflow is the largest since May. Investors’ enthusiasm for BTCETF has significantly decreased, and the total assets of the Spot fund are currently around $52.6 billion, a decrease of $10 billion from its peak. The BTC price has dropped from its record of $73,000 in March to around $58,400, a decrease of nearly 3% on Tuesday. The ETH SpotETF has also been affected, with outflows of over $52 million. Investors from Wall Street banks and Hedging funds still held BTCETF in the second quarter, but overall fund flows were weak.
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L'ETF SpotBTC a connu mardi la plus forte sortie de fonds en près de quatre mois, la sentiment de marché étant faible.
Golden Finance reported that on Tuesday (September 3), the SpotBTCETF experienced the largest outflow of funds in four months, totaling over $287 million. According to Farside Investors’ data, this outflow is the largest since May. Investors’ enthusiasm for BTCETF has significantly decreased, and the total assets of the Spot fund are currently around $52.6 billion, a decrease of $10 billion from its peak. The BTC price has dropped from its record of $73,000 in March to around $58,400, a decrease of nearly 3% on Tuesday. The ETH SpotETF has also been affected, with outflows of over $52 million. Investors from Wall Street banks and Hedging funds still held BTCETF in the second quarter, but overall fund flows were weak.