BREAKING
178d 2h ago

US Bitcoin Spot ETF Sees $14.1 Million Outflow: Insights on BlackRock, ARK, and Grayscale

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On August 16th, COINOTAG News reported significant **net outflows** from the **U.S. Bitcoin spot ETF**, totaling **$14.1 million**, as monitored by **Farside Investors**. This notable trend highlights market reactions and investor sentiment amid ongoing economic fluctuations. The largest contributor to the outflow was the **Grayscale Bitcoin Trust (GBTC)**, which experienced a **decline of $81.8 million**, reflecting mounting investor caution. Meanwhile, **BlackRock’s IBIT** saw an inflow of **$114.4 million**, indicating robust institutional interest despite the overall downturn. Conversely, **ARK’s ARKB** faced a withdrawal of **$46.7 million**, further emphasizing the divergent strategies among institutional investors regarding their **Bitcoin exposure**. Such dynamics are critical for understanding the evolving landscape of cryptocurrency investments and highlight the necessity for investors to stay informed about market shifts.

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