Significant Outflows in Bitcoin ETFs on September 3, 2024

According to @FarsideUK, Bitcoin ETFs experienced significant net outflows totaling $287.8 million on September 3, 2024. Key ETFs such as FBTC saw outflows of $162.3 million, GBTC had outflows of $50.4 million, and ARKB faced outflows of $33.6 million. Other ETFs like BITB, EZBC, BRRR, and HODL also recorded negative flows. This data suggests a bearish sentiment among institutional investors.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.