Latest Update
8/3/2024 3:45:47 AM

Bitcoin ETF Flows Show Significant Outflows on August 2, 2024

Bitcoin ETF Flows Show Significant Outflows on August 2, 2024

According to Farside Investors, the total net flow for Bitcoin ETFs on August 2, 2024, was -$237.4 million, based on provisional data. Significant outflows were observed in FBTC (-$104.1 million), ARKB (-$87.7 million), and GBTC (-$45.9 million). Notable inflows were seen in IBIT ($42.8 million) and BTC ($9.9 million). Other ETFs such as BTCO, EZBC, and BTCW showed no movement.

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Analysis

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.