Investors withdrew $131.4 million from the US Bitcoin spot exchange-traded fund (ETF) on July 22, according to data from Farside Investors, marking a substantial net outflow that points to changing market sentiment.
The movement of capital highlights a potential shift in Bitcoin market dynamics, with the outflow underscoring heightened caution among institutional and retail participants in the cryptocurrency ecosystem.
This trend reflects broader concerns noted across the digital asset landscape, emphasizing the current volatile environment as investors reassess exposure amid fluctuating macroeconomic conditions.