According to BlockBeats, data from Farside Investors on August 31 revealed substantial net outflows from several major cryptocurrency funds. Grayscale's GBTC experienced a net outflow of $70.2 million, ARK's ARKB saw a net outflow of $65 million, Bitwise's BITB had a net outflow of $16.4 million, and Fidelity's FBTC reported a net outflow of $12.9 million.