Bitcoin ETFs experienced a net outflow of $771 million in August, equivalent to 7,000 BTC, as the price of Bitcoin fell from $115,761 to $108,595, marking a 6% decline. BlackRock's IBIT ETF was a notable exception, recording an inflow of 5,756 Bitcoin, valued at $688 million. In contrast, Fidelity's ETF saw an outflow of $662 million, ARK Invest reported a $621 million outflow, and GBTC experienced a $293 million outflow.
Bitcoin ETF Sees $771 Million Outflow in August, Price Drops 6%
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