# Bitcoin spot ETFs had a net outflow of $83 million in August, and market volatility attracted attention 📉

According to Trader T data, the overall net outflow of US Bitcoin spot ETFs in August was $83 million, and the price of Bitcoin fell from $64,600 to $59,300. Specifically, BlackRock IBIT increased its holdings by 14,531 bitcoins, with an inflow of $887 million; WTree's BTCW had a net inflow of $139 million; Grayscale GBTC had a net inflow of $910 million; ARK's ARKB had a net outflow of $277 million; Fidelity FBTC had a net outflow of $122 million; Bitwise's BITB had a net outflow of $98 million.

What are the reasons behind market fluctuations? Welcome to discuss in the comment section! 💬