🚀【Blockchain Market Dynamics】According to Trader T’s monitoring, the US Bitcoin spot ETF had a net outflow of US$94 million in August 2024, but the specific situation is somewhat complicated:
- BlackRock IBIT increased its holdings by 14,531 BTC, with a net inflow of US$887 million, and currently holds 357,509 BTC;
- Grayscale BTC had a net inflow of US$330 million;
- WisdomTree BTCW had a net inflow of US$139 million;
- Grayscale GBTC had a net outflow of US$910 million;
- Most other ETFs experienced capital outflows in August.
What is the meaning behind market fluctuations? See the comments section! 💬