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sherry
@tep
The spot Bitcoin ETF experienced its largest capital outflow in four months, with a total amount exceeding $287 million. According to FarsideInvestors' data, this outflow is the largest since May. Investors' enthusiasm for Bitcoin ETFs has significantly decreased, and the total assets of spot funds are currently about $52.6 billion, a decrease of $10 billion from the peak. The price of Bitcoin fell from a record of $73000 set in March to around $58400, with a nearly 3% drop on Tuesday. Ethereum spot ETFs have also been impacted, with related funds outflows exceeding $52 million. Wall Street banks and hedge fund investors still held Bitcoin ETFs in the second quarter, but overall liquidity was weak. @secretchun @seungyeon
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