Loading...
On August 14th, the total holdings of the US Bitcoin: native spot ETF further decreased to 1218821.64 BTC, with a net reduction of 1046.18 BTC on the same day, resulting in a net outflow for the second consecutive trading day. There were 4 net outflows in the 5 trading days this week, with only a slight net increase of 46.14 BTC on August 11th. The cumulative net outflow this week has expanded to 6571.89 BTC. In the past 7 trading days, the cumulative net outflow has been 2935.74 BTC. This is more important than single day data, because in the past few days, the cumulative value has remained significantly positive for the past 7 days. Now, with the continuous reduction of holdings this week, the capital advantage formed last week has been basically consumed. Since August, BTC ETF has still accumulated a net increase of 6110.65 BTC, an increase of about 0.50%, so the entire month of August has not yet turned into a net outflow. But within the month, the cumulative amount of BTC has continued to decline from over 10000 before, indicating that the strong buying in early August is being continuously sold back by the selling in the second half of the week. The current changes in BTC funds are quite clear: last week was a continuous inflow, this week it has basically reversed, and in the past 7 trading days it has also turned negative again. If there continues to be a daily net outflow of around a thousand coins, the cumulative net increase in holdings in August will soon narrow further. @Gate Crypto、 US stocks, Hong Kong stocks, South Korean stocks, gold CFD、 Predicting one-stop trading in the market
