**Bitcoin ETFs See Mixed Movements Amid Market Volatility**

On August 15, Bitcoin spot exchange-traded funds (ETFs) experienced a net inflow of $11.11 million, highlighting ongoing investor interest. This comes despite a significant $25.03 million outflow from the Grayscale Bitcoin Trust (GBTC) during the same period.

- **GBTC Setback**: The outflow from GBTC coincides with the New York Stock Exchange's Arca electronic exchange withdrawing a proposed rule change that would have allowed trading of GBTC and other crypto ETFs.

- **Market Milestone**: Overall, Bitcoin spot ETFs have amassed a combined net inflow of $17.33 billion, pushing total net assets to nearly $52 billion. This represents about 4.65% of Bitcoin's total market capitalization, indicating rising interest from both institutional and retail investors.

- **Volatility Insight**: Despite the positive inflow on August 15, the previous day saw outflows totaling $81.36 million, reflecting the market's volatility and investors' strategies to take profits and reallocate portfolios.

- **Morgan Stanley's Move**: In a recent SEC filing, Morgan Stanley disclosed holding $188 million in Bitcoin ETFs as of June 30. The firm has over 5.5 million shares in BlackRock's iShares Bitcoin Trust (IBIT) ETFs, and plans to allow financial advisers to recommend these ETFs to clients.

The fluctuating inflows and outflows underscore the dynamic nature of the cryptocurrency market, with investors closely monitoring and reacting to market conditions.